87 Millfields Way, Wombourne, Wolverhampton, WV5 8JG is a freehold terraced property built between 1976-1982. The property offers approximately 603 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £195,498 , which equates to approximately £324 per square foot. It was last sold on 16 Sep 2022 for £188,000. Since then, the value has increased by £7,498, representing a 4.0% increase, or approximately 1.2% per year.

The current estimated value of £195,498 is:

  • 25.0% lower than the average property price on Millfields Way
  • 13.1% lower than the average in the WV5 8JG postcode area
  • and 45.5% lower than the average price for Wolverhampton as a whole

At the most recent EPC inspection on 21 January 2014, the property was recorded as owner-occupied.

View sold house prices in WV5 8JG

Building approximate location

About Property

Type
Terraced House
Built
1976-1982
Interior Size
603 sq ft
Tenure
Freehold
Price (estimate)
£195,498
Price Per sq ft (estimate)
£324
Bedroom Count (estimate)
1 bedroom

EPC Summary

87 Millfields Way, Wombourne, Wolverhampton, South Staffordshire, Staffordshire, WV5 8JG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Jan 2014.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 May 2009, when the property was rated F. Since then, the rating has improved to C, with the energy efficiency score increasing by 108.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from poor to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from very poor to good.
  • The roof construction or insulation changed from pitched, 50 mm loft insulation to pitched, 250 mm loft insulation, improving energy efficiency from poor to good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to good.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in 64% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 64% of fixed outlets
Good

Compared to WV5 8JG

5 th / 10
Price Rank
13% lower than average
3 rd / 7
Size Rank
3% bigger than average
5 th / 7
Price Per Sq FT Rank
16% lower than average

Compared to other properties in WV5 8JG , this house's estimated value ranks 5th out of 10. Based on price per square foot, it ranks 5th out of 7 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 7 properties in its postcode area.

Sale History

Today
£195,498
streetscan.co.uk estimate
+4 %
16 Sep 2022
£188,000
Leasehold
+70.9 %
8 Nov 2013
£110,000
Leasehold
+52.8 %
8 May 2002
£72,000
Leasehold
+47.1 %
7 Jul 1997
£48,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 549 sq ft
sale price: £190,000
sale date: 10 Mar 2022
rooms: 3
size: 689 sq ft
sale price: £154,950
sale date: 20 Apr 2018
rooms: 4
size: 549 sq ft
sale price: £124,000
sale date: 25 Nov 2011
rooms: 3
size: 554 sq ft
sale price: £118,000
sale date: 25 Jun 2010
rooms: 4
size: 657 sq ft
sale price: £204,000
sale date: 22 Jan 2021

Data Sources

The property at 87 Millfields Way, Wombourne, Wolverhampton, WV5 8JG appears four times in the Land Registry records, with the latest transaction recorded on 16 Sep 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Jan 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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