245, PRESTWOOD ROAD, WOLVERHAMPTON, WV11 1RF - £124,000

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

245 PRESTWOOD ROAD is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £124,000 in December 2013, which was around 35% below the average December 2013 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

245 PRESTWOOD ROAD Sold Prices

Land registry data shows three sales for 245 PRESTWOOD ROAD 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 245 PRESTWOOD 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
2013 3 DEC	£124,000	£189,596	35% below HPI
2004 30 JAN	£95,000	£162,428	42% below HPI
2001 28 SEP	£50,000	£103,042	51% below HPI

245 PRESTWOOD ROAD 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 245 PRESTWOOD ROAD sales between September 2001 and December 2013 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 January 2004 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2013 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 245 PRESTWOOD ROAD?

245 PRESTWOOD ROAD is 73m² according to the EPC inspection conducted in October 2022. 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 245 PRESTWOOD ROAD lies on this distribution: 11% of detached houses are smaller than 245 PRESTWOOD ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

245 PRESTWOOD ROAD: Plot and Title Map

245 PRESTWOOD ROAD sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 245 PRESTWOOD 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 245 PRESTWOOD 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.

Where is 245 PRESTWOOD ROAD?

245 PRESTWOOD ROAD is located in WOLVERHAMPTON, in the WV11 postcode district. The below map shows the position of No. 245 on PRESTWOOD ROAD.