27, MERRIDALE AVENUE, WOLVERHAMPTON, WV3 9RE - £182,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

27 MERRIDALE AVENUE is a small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £324,917. It was last sold for £182,950 in May 2015, which was around 3% below the average May 2015 detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

27 MERRIDALE AVENUE Sold Prices

Land registry data shows three sales for 27 MERRIDALE 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. One of the three 27 MERRIDALE AVENUE sales was for below the average price, whilst two 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
2015 27 MAY	£182,950	£187,835	3% below HPI
2001 30 MAY	£103,000	£93,235	10% above HPI
1998 26 JUN	£74,950	£73,504	2% above HPI

27 MERRIDALE 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 27 MERRIDALE AVENUE sales between June 1998 and May 2015 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 May 2001 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2015 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 27 MERRIDALE AVENUE be worth now?

27 MERRIDALE AVENUE might now be worth an estimated £324,917.

This is based on house price inflation of 77.6%, between May 2015 and February 2025, 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 77.6% inflationary increase is applied to the most recent sale price for 27 MERRIDALE AVENUE of £182,950 on 27th May 2015. For the value to have increased from £182,950 to £324,917 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 27 MERRIDALE AVENUE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The May 2015 sale price of £182,950 represented a fair market value for the property.
• The size, condition, and specification of 27 MERRIDALE AVENUE has not materially changed since May 2015.

How Large is 27 MERRIDALE AVENUE?

27 MERRIDALE AVENUE is 84m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% 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 27 MERRIDALE AVENUE lies on this distribution: 23% of detached houses houses are smaller than 27 MERRIDALE AVENUE, and 76% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

27 MERRIDALE AVENUE: Plot and Title Map

27 MERRIDALE AVENUE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 27 MERRIDALE 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 27 MERRIDALE 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 27 MERRIDALE AVENUE?

27 MERRIDALE AVENUE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 27 on MERRIDALE AVENUE.