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
12 EDINBURGH ROAD is a very small extended detached house of 50m², built sometime between 1930 and 1949. It was last sold for £155,000 in July 2020, which was around 39% below the average July 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 12 EDINBURGH 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 12 EDINBURGH 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 31 JUL | £155,000 | £252,746 | 39% below HPI |
2016 22 MAR | £142,000 | £203,446 | 30% below HPI |
1996 5 JUL | £14,250 | £67,134 | 79% 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 12 EDINBURGH ROAD sales between July 1996 and July 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 March 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
12 EDINBURGH ROAD is 50m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses by size in Bilston, and where 12 EDINBURGH ROAD lies on this distribution: 1% of detached houses are smaller than 12 EDINBURGH ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Bilston.
12 EDINBURGH ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 12 EDINBURGH 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 12 EDINBURGH 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.
12 EDINBURGH ROAD is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 12 on EDINBURGH ROAD.