1, GRASMERE AVENUE, PERTON, WOLVERHAMPTON, WV6 7PW - £175,000

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.

1 GRASMERE AVENUE is a very small detached house of 57m², built sometime between 1976 and 1982, which could now be worth an estimated £230,740. It was last sold for £175,000 in December 2019, which was around 47% below the average December 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

1 GRASMERE AVENUE Sold Prices

Land registry data shows two sales for 1 GRASMERE AVENUE 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 1 GRASMERE AVENUE 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 19 DEC	£175,000	£327,118	47% below HPI
2013 8 NOV	£135,000	£250,667	46% below HPI

1 GRASMERE AVENUE 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 1 GRASMERE AVENUE sales from November 2013 and December 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 November 2013 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2019 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 1 GRASMERE AVENUE be worth now?

1 GRASMERE AVENUE might now be worth an estimated £230,740.

This is based on house price inflation of 31.9%, between December 2019 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 31.9% inflationary increase is applied to the most recent sale price for 1 GRASMERE AVENUE of £175,000 on 19th December 2019. For the value to have increased from £175,000 to £230,740 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 GRASMERE AVENUE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The December 2019 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GRASMERE AVENUE has not materially changed since December 2019.

How Large is 1 GRASMERE AVENUE?

1 GRASMERE AVENUE is 57m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses houses in Perton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Perton, and where 1 GRASMERE AVENUE lies on this distribution: 2% of detached houses houses are smaller than 1 GRASMERE AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Perton.

1 GRASMERE AVENUE: Plot and Title Map

1 GRASMERE AVENUE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 1 GRASMERE AVENUE, 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 GRASMERE AVENUE). 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 GRASMERE AVENUE?

1 GRASMERE AVENUE is located in PERTON, in the WV6 postcode district. The below map shows the position of No. 1 on GRASMERE AVENUE.