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
2 VICTORIA ROAD is a midsized extended detached house of 102m², built sometime between 2003 and 2006. It was last sold for £245,000 in June 2020, which was around 2% below the average June 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 VICTORIA ROAD since 1st 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 2 VICTORIA 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 |
---|---|---|---|
2020 2 JUN | £245,000 | £250,727 | 2% below HPI |
2004 9 AUG | £170,000 | £174,980 | 3% below HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 2 VICTORIA ROAD sales from August 2004 and June 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 August 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
2 VICTORIA ROAD is 102m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 50% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 2 VICTORIA ROAD lies on this distribution: 43% of detached houses are smaller than 2 VICTORIA ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
2 VICTORIA ROAD sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 2 VICTORIA 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 2 VICTORIA 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.
2 VICTORIA ROAD is located in WEDNESFIELD, in the WV11 postcode district. The below map shows the position of No. 2 on VICTORIA ROAD.