Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 NEWBRIDGE AVENUE is a very large detached house of 202m², built sometime between 1900 and 1929. It was last sold for £430,000 in March 2024, which was around 35% above the average March 2024 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 1 NEWBRIDGE AVENUE since 1st 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. Both of the two 1 NEWBRIDGE AVENUE 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 8 MAR | £430,000 | £318,358 | 35% above HPI |
1995 8 SEP | £125,000 | £69,932 | 79% above HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 1 NEWBRIDGE AVENUE sales from September 1995 and March 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 September 1995 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the March 2024 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.
1 NEWBRIDGE AVENUE is 202m² according to the EPC inspection conducted in October 2023. This puts it in the largest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 1 NEWBRIDGE AVENUE lies on this distribution: 93% of detached houses are smaller than 1 NEWBRIDGE AVENUE, and 7% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
1 NEWBRIDGE AVENUE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 1 NEWBRIDGE 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 NEWBRIDGE 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.
1 NEWBRIDGE AVENUE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 1 on NEWBRIDGE AVENUE.