15, RICHMOND AVENUE, WOLVERHAMPTON, WV3 9JB - £302,000

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

15 RICHMOND AVENUE is a large extended detached house of 148m², built sometime between 1900 and 1929. It was last sold for £302,000 in November 2017, which was around 32% above the average November 2017 detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

15 RICHMOND AVENUE Sold Prices

Land registry data shows two sales for 15 RICHMOND AVENUE 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 15 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
2017 3 NOV	£302,000	£228,385	32% above HPI
1997 3 FEB	£79,950	£68,851	16% above HPI

15 RICHMOND AVENUE 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 15 RICHMOND AVENUE sales from February 1997 and November 2017 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 February 1997 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2017 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 15 RICHMOND AVENUE?

15 RICHMOND AVENUE is 148m², which includes one extension, according to the EPC inspection conducted in May 2015. 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 15 RICHMOND AVENUE lies on this distribution: 79% of detached houses are smaller than 15 RICHMOND AVENUE, and 21% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

15 RICHMOND AVENUE: Plot and Title Map

15 RICHMOND AVENUE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 15 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 15 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 15 RICHMOND AVENUE?

15 RICHMOND AVENUE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 15 on RICHMOND AVENUE.