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
18 SEDGLEY ROAD is a small extended detached house of 93m², built sometime between 1930 and 1949. It was last sold for £405,000 in September 2021, which was around 9% above the average September 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 18 SEDGLEY ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Most of the four 18 SEDGLEY 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 |
---|---|---|---|
2021 30 SEP | £405,000 | £372,565 | 9% above HPI |
2013 21 JUN | £282,000 | £250,170 | 13% above HPI |
2002 25 MAR | £162,500 | £144,397 | 13% above HPI |
1996 15 NOV | £79,000 | £90,291 | 13% below HPI |
The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The four 18 SEDGLEY ROAD sales between November 1996 and September 2021 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 June 2013 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.
18 SEDGLEY ROAD is 93m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 18 SEDGLEY ROAD lies on this distribution: 33% of detached houses are smaller than 18 SEDGLEY ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
18 SEDGLEY ROAD sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 18 SEDGLEY 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 18 SEDGLEY 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.
18 SEDGLEY ROAD is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 18 on SEDGLEY ROAD.