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
109 MAYFIELD ROAD is a very small extended detached house of 81m², built sometime between 2007 and 2011. It was last sold for £185,000 in June 2021, which was around 33% below the average June 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 109 MAYFIELD ROAD 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 109 MAYFIELD 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 |
---|---|---|---|
2021 30 JUN | £185,000 | £274,355 | 33% below HPI |
2008 27 JUN | £152,950 | £207,897 | 26% below HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 109 MAYFIELD ROAD sales from June 2008 and June 2021 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 June 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
109 MAYFIELD ROAD is 81m², which includes one extension, according to the EPC inspection conducted in January 2021. 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 109 MAYFIELD ROAD lies on this distribution: 19% of detached houses are smaller than 109 MAYFIELD ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
109 MAYFIELD ROAD sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 109 MAYFIELD 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 109 MAYFIELD 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.
109 MAYFIELD ROAD is located in WOLVERHAMPTON, in the WV1 postcode district. The below map shows the position of No. 109 on MAYFIELD ROAD.