22, RICHMOND AVENUE, WOLVERHAMPTON, WV3 9JB - £242,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 RICHMOND AVENUE is a midsized extended detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £337,099. It was last sold for £242,000 in October 2018, which was around 3% above the average October 2018 detached price in the Wolverhampton local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

22 RICHMOND AVENUE Sold Prices

Land registry data shows three sales for 22 RICHMOND AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 22 RICHMOND AVENUE 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
2018 17 OCT	£242,000	£233,895	3% above HPI
2001 26 OCT	£120,000	£101,609	18% above HPI
1999 29 OCT	£95,000	£81,349	17% above HPI

22 RICHMOND 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 three 22 RICHMOND AVENUE sales between October 1999 and October 2018 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 October 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2018 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 22 RICHMOND AVENUE be worth now?

22 RICHMOND AVENUE might now be worth an estimated £337,099.

This is based on house price inflation of 39.3%, between October 2018 and December 2024, 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 39.3% inflationary increase is applied to the most recent sale price for 22 RICHMOND AVENUE of £242,000 on 17th October 2018. For the value to have increased from £242,000 to £337,099 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 22 RICHMOND AVENUE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The October 2018 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 22 RICHMOND AVENUE has not materially changed since October 2018.

How Large is 22 RICHMOND AVENUE?

22 RICHMOND AVENUE is 116m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 40% 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 22 RICHMOND AVENUE lies on this distribution: 59% of detached houses houses are smaller than 22 RICHMOND AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

22 RICHMOND AVENUE: Plot and Title Map

22 RICHMOND AVENUE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 22 RICHMOND 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 22 RICHMOND 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 22 RICHMOND AVENUE?

22 RICHMOND AVENUE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 22 on RICHMOND AVENUE.