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
11 MERRIDALE CRESCENT is a very large extended detached house of 160m², built sometime between 1900 and 1929. It was last sold for £215,000 in July 2023, which was around 33% below the average July 2023 detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 11 MERRIDALE CRESCENT 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 11 MERRIDALE CRESCENT 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 |
---|---|---|---|
2023 28 JUL | £215,000 | £322,195 | 33% below HPI |
2022 13 JUN | £180,000 | £308,147 | 42% below HPI |
2013 18 OCT | £98,000 | £189,980 | 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 11 MERRIDALE CRESCENT sales between October 2013 and July 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 June 2022 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.
11 MERRIDALE CRESCENT is 160m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 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 11 MERRIDALE CRESCENT lies on this distribution: 83% of detached houses are smaller than 11 MERRIDALE CRESCENT, and 17% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
11 MERRIDALE CRESCENT sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 11 MERRIDALE CRESCENT, 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 11 MERRIDALE CRESCENT). 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.
11 MERRIDALE CRESCENT is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 11 on MERRIDALE CRESCENT.