2, ALBANY GROVE, ESSINGTON, WOLVERHAMPTON, WV11 2EF - £240,000

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.

2 ALBANY GROVE is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £324,152. It was last sold for £240,000 in September 2017, which was around 5% below the average September 2017 detached price in the Walsall local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was B.

2 ALBANY GROVE Sold Prices

Land registry data shows three sales for 2 ALBANY GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Two of the three 2 ALBANY GROVE sales were for below the average price, whilst one was 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 20 SEP	£240,000	£252,373	5% below HPI
1998 26 NOV	£89,000	£83,978	6% above HPI
1997 19 AUG	£81,000	£82,060	1% below HPI

2 ALBANY GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The three 2 ALBANY GROVE sales between August 1997 and September 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 November 1998 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 ALBANY GROVE be worth now?

2 ALBANY GROVE might now be worth an estimated £324,152.

This is based on house price inflation of 35.1%, between September 2017 and February 2025, for detached houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.1% inflationary increase is applied to the most recent sale price for 2 ALBANY GROVE of £240,000 on 20th September 2017. For the value to have increased from £240,000 to £324,152 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 ALBANY GROVE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The September 2017 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ALBANY GROVE has not materially changed since September 2017.

How Large is 2 ALBANY GROVE?

2 ALBANY GROVE is 78m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willenhall, and where 2 ALBANY GROVE lies on this distribution: 19% of detached houses houses are smaller than 2 ALBANY GROVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

2 ALBANY GROVE: Plot and Title Map

2 ALBANY GROVE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 2 ALBANY GROVE, 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 2 ALBANY GROVE). 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 2 ALBANY GROVE?

2 ALBANY GROVE is located in ESSINGTON, in the WV11 postcode district. The below map shows the position of No. 2 on ALBANY GROVE.