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
10 CUMBERLAND ROAD is a midsized detached house of 99m², built sometime between 1950 and 1966. It was last sold for £170,000 in August 2012, which was around 9% below the average August 2012 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 10 CUMBERLAND 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 10 CUMBERLAND 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 |
---|---|---|---|
2012 20 AUG | £170,000 | £185,886 | 9% below HPI |
2007 14 SEP | £210,000 | £214,648 | 2% below HPI |
2003 9 MAY | £125,000 | £151,415 | 17% 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 10 CUMBERLAND ROAD sales between May 2003 and August 2012 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 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2012 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
10 CUMBERLAND ROAD is 99m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% of detached houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses by size in Bilston, and where 10 CUMBERLAND ROAD lies on this distribution: 48% of detached houses are smaller than 10 CUMBERLAND ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Bilston.
10 CUMBERLAND ROAD sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 10 CUMBERLAND 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 10 CUMBERLAND 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.
10 CUMBERLAND ROAD is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 10 on CUMBERLAND ROAD.