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 WAITE ROAD is a very small extended detached house of 77m², built sometime between 1930 and 1949. It was last sold for £210,000 in November 2020, which was around 21% below the average November 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 1 WAITE ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 1 WAITE ROAD 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 |
---|---|---|---|
2020 19 NOV | £210,000 | £265,718 | 21% below HPI |
2015 16 OCT | £116,000 | £198,238 | 41% below HPI |
2001 10 AUG | £53,000 | £102,066 | 48% below HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 1 WAITE ROAD sales between August 2001 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 October 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
1 WAITE ROAD is 77m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% 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 WAITE ROAD lies on this distribution: 15% of detached houses are smaller than 1 WAITE ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
1 WAITE ROAD sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 1 WAITE 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 WAITE 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.
1 WAITE ROAD is located in WILLENHALL, in the WV13 postcode district. The below map shows the position of No. 1 on WAITE ROAD.