1A, THIRD AVENUE, WOLVERHAMPTON, WV10 9PH - £102,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1A THIRD AVENUE is a very small detached house of 38m², built sometime between 1976 and 1982, which could now be worth an estimated £131,248. It was last sold for £102,500 in September 2020, which was around 59% below the average September 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

1A THIRD AVENUE Sold Prices

Land registry data shows four sales for 1A THIRD AVENUE since 1^st 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. All of the four 1A THIRD AVENUE 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
2020 16 SEP	£102,500	£250,052	59% below HPI
2002 1 NOV	£66,452	£130,839	49% below HPI
2001 29 JUN	£48,000	£95,004	49% below HPI
1996 19 APR	£48,500	£66,102	27% below HPI

1A THIRD 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 four 1A THIRD AVENUE sales between April 1996 and September 2020 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 November 2002 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the September 2020 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

What might 1A THIRD AVENUE be worth now?

1A THIRD AVENUE might now be worth an estimated £131,248.

This is based on house price inflation of 28%, between September 2020 and June 2025, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28% inflationary increase is applied to the most recent sale price for 1A THIRD AVENUE of £102,500 on 16th September 2020. For the value to have increased from £102,500 to £131,248 over the five years and three months to June 2025, the following assumptions must hold true:

• The value of 1A THIRD AVENUE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The September 2020 sale price of £102,500 represented a fair market value for the property.
• The size, condition, and specification of 1A THIRD AVENUE has not materially changed since September 2020.

How Large is 1A THIRD AVENUE?

1A THIRD AVENUE is 38m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 1A THIRD AVENUE lies on this distribution: Less than 1% of detached houses houses are smaller than 1A THIRD AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

1A THIRD AVENUE: Plot and Title Map

1A THIRD AVENUE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 1A THIRD 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 1A THIRD 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 1A THIRD AVENUE?

1A THIRD AVENUE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 1A on THIRD AVENUE.