24, SAFFRON GARDENS, WOLVERHAMPTON, WV4 5SJ - £300,000

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

24 SAFFRON GARDENS is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £300,000 in June 2022, which was around 3% below the average June 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

24 SAFFRON GARDENS Sold Prices

Land registry data shows three sales for 24 SAFFRON GARDENS 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 24 SAFFRON GARDENS 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
2022 27 JUN	£300,000	£308,147	3% below HPI
2018 12 OCT	£200,000	£240,165	17% below HPI
2002 23 JAN	£95,000	£108,872	13% below HPI

24 SAFFRON GARDENS 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 24 SAFFRON GARDENS sales between January 2002 and June 2022 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 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 24 SAFFRON GARDENS?

24 SAFFRON GARDENS is 75m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 24 SAFFRON GARDENS lies on this distribution: 13% of detached houses are smaller than 24 SAFFRON GARDENS, and 86% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

24 SAFFRON GARDENS: Plot and Title Map

24 SAFFRON GARDENS sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 24 SAFFRON GARDENS, 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 24 SAFFRON GARDENS). 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 24 SAFFRON GARDENS?

24 SAFFRON GARDENS is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 24 on SAFFRON GARDENS.