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
14 LOTHIANS ROAD is a very large extended detached house of 324m², built sometime between 1950 and 1966. It was last sold for £925,000 in September 2022, which was around 188% above the average September 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 14 LOTHIANS 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 14 LOTHIANS ROAD 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 |
---|---|---|---|
2022 21 SEP | £925,000 | £321,149 | 188% above HPI |
2019 16 MAY | £375,000 | £240,787 | 56% above HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 14 LOTHIANS ROAD sales from May 2019 and September 2022 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 May 2019 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the September 2022 sale, where it rises to 188% above the HPI. The line then continues to track at 188% above the HPI.
14 LOTHIANS ROAD is 324m², which includes three extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 14 LOTHIANS ROAD lies on this distribution: 99% of detached houses are smaller than 14 LOTHIANS ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
14 LOTHIANS ROAD sits on a plot of roughly 0.181 of an acre, or 733m². The below map shows the location of 14 LOTHIANS 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 14 LOTHIANS 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.
14 LOTHIANS ROAD is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 14 on LOTHIANS ROAD.