1, MILLFIELD ROAD, ALBRIGHTON, WOLVERHAMPTON, WV7 3JN - £535,000

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

1 MILLFIELD ROAD is a large detached house of 142m². It was last sold for £535,000 in July 2024, which was around 33% above the average July 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

1 MILLFIELD ROAD Sold Prices

Land registry data shows three sales for 1 MILLFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 1 MILLFIELD ROAD 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
2024 5 JUL	£535,000	£400,852	33% above HPI
2020 12 MAR	£435,000	£314,701	38% above HPI
2018 18 DEC	£1,377,654	£307,917	347% above HPI

1 MILLFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 1 MILLFIELD ROAD sales between December 2018 and July 2024 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 March 2020 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the July 2024 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 1 MILLFIELD ROAD?

1 MILLFIELD ROAD is 142m² according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses in Albrighton, based on EPC data. The below chart shows the distribution of detached houses by size in Albrighton, and where 1 MILLFIELD ROAD lies on this distribution: 75% of detached houses are smaller than 1 MILLFIELD ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Albrighton.

1 MILLFIELD ROAD: Plot and Title Map

1 MILLFIELD ROAD sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 1 MILLFIELD ROAD, 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 MILLFIELD ROAD). 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 MILLFIELD ROAD?

1 MILLFIELD ROAD is located in ALBRIGHTON, in the WV7 postcode district. The below map shows the position of No. 1 on MILLFIELD ROAD.