THE HOLLIES, WOOD ROAD, WOMBOURNE, WOLVERHAMPTON, WV5 9DY - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE HOLLIES is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £250,000 in March 2019, which was around 20% below the average March 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

THE HOLLIES Sold Prices

Land registry data shows four sales for THE HOLLIES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four THE HOLLIES sales were for below 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
2019 8 MAR	£250,000	£312,215	20% below HPI
2014 15 AUG	£220,000	£259,150	15% below HPI
2006 2 MAY	£243,500	£246,233	1% below HPI
1997 23 MAY	£77,500	£97,472	20% below HPI

THE HOLLIES 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 four THE HOLLIES sales between May 1997 and March 2019 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 August 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is THE HOLLIES?

THE HOLLIES is 92m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where THE HOLLIES lies on this distribution: 29% of detached houses are smaller than THE HOLLIES, and 71% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

THE HOLLIES: Plot and Title Map

THE HOLLIES sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of THE HOLLIES, 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 THE HOLLIES). 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 THE HOLLIES?

THE HOLLIES is located on WOOD ROAD in WOMBOURNE, in the WV5 postcode district. The below map shows the position of THE HOLLIES on WOOD ROAD.