1, GRAFTON PLACE, BILSTON, WV14 6LH - £257,500

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.

1 GRAFTON PLACE is a midsized extended detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £331,942. It was last sold for £257,500 in November 2020, which was about the average November 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

1 GRAFTON PLACE Sold Prices

Land registry data shows two sales for 1 GRAFTON PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. One of the two 1 GRAFTON PLACE sales was roughly equal to the average price, whilst the other was 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
2020 9 NOV	£257,500	£258,781	Close to HPI
2012 6 JUL	£145,000	£177,931	19% below HPI

1 GRAFTON PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 1 GRAFTON PLACE sales from July 2012 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 July 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 1 GRAFTON PLACE be worth now?

1 GRAFTON PLACE might now be worth an estimated £331,942.

This is based on house price inflation of 28.9%, between November 2020 and February 2025, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.9% inflationary increase is applied to the most recent sale price for 1 GRAFTON PLACE of £257,500 on 9th November 2020. For the value to have increased from £257,500 to £331,942 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 GRAFTON PLACE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The November 2020 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GRAFTON PLACE has not materially changed since November 2020.

How Large is 1 GRAFTON PLACE?

1 GRAFTON PLACE is 97m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilston, and where 1 GRAFTON PLACE lies on this distribution: 45% of detached houses houses are smaller than 1 GRAFTON PLACE, and 53% of houses are larger. Note that EPC data is not available for all properties in Bilston.

1 GRAFTON PLACE: Plot and Title Map

1 GRAFTON PLACE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 1 GRAFTON PLACE, 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 1 GRAFTON PLACE). 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 1 GRAFTON PLACE?

1 GRAFTON PLACE is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 1 on GRAFTON PLACE.