11, RICHMOND AVENUE, WOLVERHAMPTON, WV3 9JB - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 RICHMOND AVENUE is a very large extended semi-detached house of 159m², built sometime between 1900 and 1929, which could now be worth an estimated £403,478. It was last sold for £275,000 in September 2018, which was around 81% above the average September 2018 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

11 RICHMOND AVENUE Sold Prices

Land registry data shows two sales for 11 RICHMOND AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 11 RICHMOND AVENUE 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
2018 10 SEP	£275,000	£152,014	81% above HPI
1996 31 JAN	£68,000	£40,440	68% above HPI

11 RICHMOND AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 11 RICHMOND AVENUE sales from January 1996 and September 2018 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 1996 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the September 2018 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might 11 RICHMOND AVENUE be worth now?

11 RICHMOND AVENUE might now be worth an estimated £403,478.

This is based on house price inflation of 46.7%, between September 2018 and February 2025, for semi-detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.7% inflationary increase is applied to the most recent sale price for 11 RICHMOND AVENUE of £275,000 on 10th September 2018. For the value to have increased from £275,000 to £403,478 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 11 RICHMOND AVENUE has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The September 2018 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 11 RICHMOND AVENUE has not materially changed since September 2018.

How Large is 11 RICHMOND AVENUE?

11 RICHMOND AVENUE is 159m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of semi-detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wolverhampton, and where 11 RICHMOND AVENUE lies on this distribution: 83% of semi-detached houses houses are smaller than 11 RICHMOND AVENUE, and 17% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

11 RICHMOND AVENUE: Plot and Title Map

11 RICHMOND AVENUE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 11 RICHMOND AVENUE, 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 RICHMOND AVENUE). 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 11 RICHMOND AVENUE?

11 RICHMOND AVENUE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 11 on RICHMOND AVENUE.