TREETOPS, GRAVEL HILL, WOMBOURNE, WOLVERHAMPTON, WV5 9HA - £255,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

TREETOPS is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £255,000 in February 2018, which was around 20% below the average February 2018 detached price in the South Staffordshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was B.

TREETOPS Sold Prices

Land registry data shows four sales for TREETOPS 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. Most of the four TREETOPS 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
2018 28 FEB	£255,000	£320,441	20% below HPI
2007 10 AUG	£270,000	£267,633	1% above HPI
2002 21 JAN	£151,000	£143,662	5% above HPI
2000 13 NOV	£151,000	£127,292	19% above HPI

TREETOPS 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 TREETOPS sales between November 2000 and February 2018 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 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is TREETOPS?

TREETOPS is 77m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where TREETOPS lies on this distribution: 12% of detached houses are smaller than TREETOPS, and 86% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

TREETOPS: Plot and Title Map

TREETOPS sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of TREETOPS, 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 TREETOPS). 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 TREETOPS?

TREETOPS is located on GRAVEL HILL in WOMBOURNE, in the WV5 postcode district. The below map shows the position of TREETOPS on GRAVEL HILL.