STAVELEY, GREENHILL, WOMBOURNE, WOLVERHAMPTON, WV5 0LD - £370,000

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.

STAVELEY is a midsized extended detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £517,115. It was last sold for £370,000 in November 2017, which was around 20% above the average November 2017 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

STAVELEY Sold Prices

Land registry data shows two sales for STAVELEY 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 STAVELEY 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
2017 21 NOV	£370,000	£308,606	20% above HPI
1996 5 JUL	£125,000	£91,046	37% above HPI

STAVELEY 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 STAVELEY sales from July 1996 and November 2017 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 July 1996 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the November 2017 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might STAVELEY be worth now?

STAVELEY might now be worth an estimated £517,115.

This is based on house price inflation of 39.8%, between November 2017 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 39.8% inflationary increase is applied to the most recent sale price for STAVELEY of £370,000 on 21st November 2017. For the value to have increased from £370,000 to £517,115 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of STAVELEY has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The November 2017 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of STAVELEY has not materially changed since November 2017.

How Large is STAVELEY?

STAVELEY is 118m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wombourne, and where STAVELEY lies on this distribution: 59% of detached houses houses are smaller than STAVELEY, and 41% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

STAVELEY: Plot and Title Map

STAVELEY sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of STAVELEY, 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 STAVELEY). 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 STAVELEY?

STAVELEY is located on GREENHILL in WOMBOURNE, in the WV5 postcode district. The below map shows the position of STAVELEY on GREENHILL.