1, TEASEL ROAD, WEDNESFIELD, WOLVERHAMPTON, WV11 3UB - £345,000

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 TEASEL ROAD is a midsized extended detached house of 108m², built sometime between 1991 and 1995. It was last sold for £345,000 in December 2023, which was around 5% above the average December 2023 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

1 TEASEL ROAD Sold Prices

Land registry data shows two sales for 1 TEASEL ROAD 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. Both of the two 1 TEASEL 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
2023 1 DEC	£345,000	£327,296	5% above HPI
2012 20 JAN	£203,000	£186,974	9% above HPI

1 TEASEL ROAD 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 TEASEL ROAD sales from January 2012 and December 2023 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 January 2012 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2023 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 1 TEASEL ROAD?

1 TEASEL ROAD is 108m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 50% 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 TEASEL ROAD lies on this distribution: 50% of detached houses are smaller than 1 TEASEL ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

1 TEASEL ROAD: Plot and Title Map

1 TEASEL ROAD sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 1 TEASEL 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 TEASEL 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 TEASEL ROAD?

1 TEASEL ROAD is located in WEDNESFIELD, in the WV11 postcode district. The below map shows the position of No. 1 on TEASEL ROAD.