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
21 LAMBERT ROAD is a large extended detached house of 137m², built sometime between 1930 and 1949. It was last sold for £350,000 in November 2021, which was around 23% above the average November 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 21 LAMBERT 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. One of the two 21 LAMBERT ROAD sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2021 26 NOV | £350,000 | £285,605 | 23% above HPI |
2017 15 SEP | £203,000 | £228,627 | 11% 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 21 LAMBERT ROAD sales from September 2017 and November 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 September 2017 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.
21 LAMBERT ROAD is 137m², which includes two extensions, according to the EPC inspection conducted in February 2017. 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 21 LAMBERT ROAD lies on this distribution: 74% of detached houses are smaller than 21 LAMBERT ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
21 LAMBERT ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 21 LAMBERT 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 21 LAMBERT 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.
21 LAMBERT ROAD is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 21 on LAMBERT ROAD.