PEACE HAVEN, STOURBRIDGE ROAD, WOMBOURNE, WOLVERHAMPTON, WV5 9BN - £495,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PEACE HAVEN is a very large extended detached house of 203m², built sometime between 1950 and 1966, which could now be worth an estimated £609,531. It was last sold for £495,000 in November 2020, which was around 41% above the average November 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

PEACE HAVEN Sold Prices

Land registry data shows two sales for PEACE HAVEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two PEACE HAVEN sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 23 NOV	£495,000	£350,267	41% above HPI
2019 25 FEB	£430,000	£320,729	34% above HPI

PEACE HAVEN Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two PEACE HAVEN sales from February 2019 and November 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2019 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2020 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might PEACE HAVEN be worth now?

PEACE HAVEN might now be worth an estimated £609,531.

This is based on house price inflation of 23.1%, between November 2020 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.1% inflationary increase is applied to the most recent sale price for PEACE HAVEN of £495,000 on 23rd November 2020. For the value to have increased from £495,000 to £609,531 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of PEACE HAVEN has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The November 2020 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of PEACE HAVEN has not materially changed since November 2020.

How Large is PEACE HAVEN?

PEACE HAVEN is 203m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 10% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where PEACE HAVEN lies on this distribution: 93% of detached houses houses are smaller than PEACE HAVEN, and 7% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

PEACE HAVEN: Plot and Title Map

PEACE HAVEN sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of PEACE HAVEN, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of PEACE HAVEN). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is PEACE HAVEN?

PEACE HAVEN is located on STOURBRIDGE ROAD in WOMBOURNE, in the WV5 postcode district. The below map shows the position of PEACE HAVEN on STOURBRIDGE ROAD.