145, MERRIDALE ROAD, WOLVERHAMPTON, WV3 9RL - £145,000

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

145 MERRIDALE ROAD is a very large detached house of 202m², built sometime between 2007 and 2011. It was last sold for £145,000 in November 2006, which was around 28% below the average November 2006 detached price in the Wolverhampton local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

145 MERRIDALE ROAD Sold Prices

Land registry data shows two sales for 145 MERRIDALE ROAD since 1^st 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 145 MERRIDALE 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
2006 14 NOV	£145,000	£200,871	28% below HPI
2005 28 APR	£120,000	£180,361	33% below HPI

145 MERRIDALE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 145 MERRIDALE ROAD sales from April 2005 and November 2006 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 April 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2006 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 145 MERRIDALE ROAD?

145 MERRIDALE ROAD is 202m² according to the EPC inspection conducted in September 2024. 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 145 MERRIDALE ROAD lies on this distribution: 93% of detached houses are smaller than 145 MERRIDALE ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

145 MERRIDALE ROAD: Plot and Title Map

145 MERRIDALE ROAD sits on a plot of roughly 0.164 of an acre, or 666m². The below map shows the location of 145 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 145 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.

Where is 145 MERRIDALE ROAD?

145 MERRIDALE ROAD is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 145 on MERRIDALE ROAD.