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
140 MERRIDALE ROAD is a large extended detached house of 146m², built sometime between 1930 and 1949. It was last sold for £355,000 in February 2019, which was around 45% above the average February 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 140 MERRIDALE ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Most of the four 140 MERRIDALE 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 |
---|---|---|---|
2019 15 FEB | £355,000 | £244,344 | 45% above HPI |
2017 8 DEC | £271,000 | £229,354 | 18% above HPI |
2006 1 SEP | £250,000 | £197,738 | 26% above HPI |
1995 1 JUN | £48,000 | £67,944 | 29% below HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The four 140 MERRIDALE ROAD sales between June 1995 and February 2019 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 December 2017 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2019 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.
140 MERRIDALE ROAD is 146m², which includes two extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 30% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 140 MERRIDALE ROAD lies on this distribution: 78% of detached houses are smaller than 140 MERRIDALE ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
140 MERRIDALE ROAD sits on a plot of roughly 0.131 of an acre, or 528m². The below map shows the location of 140 MERRIDALE 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 140 MERRIDALE 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.
140 MERRIDALE ROAD is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 140 on MERRIDALE ROAD.