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
3 ELFORD GROVE is a midsized extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £219,000 in December 2020, which was around 18% below the average December 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows five sales for 3 ELFORD GROVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. The five 3 ELFORD GROVE sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2020 17 DEC | £219,000 | £268,239 | 18% below HPI |
2006 4 APR | £84,250 | £192,924 | 56% below HPI |
2003 31 JAN | £80,000 | £137,501 | 42% below HPI |
1998 30 OCT | £73,000 | £76,597 | 5% below HPI |
1996 12 DEC | £71,250 | £71,065 | Close to HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The five 3 ELFORD GROVE sales between December 1996 and December 2020 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 April 2006 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the December 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
3 ELFORD GROVE is 98m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% of detached houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses by size in Bilston, and where 3 ELFORD GROVE lies on this distribution: 47% of detached houses are smaller than 3 ELFORD GROVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Bilston.
3 ELFORD GROVE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 3 ELFORD GROVE, 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 3 ELFORD GROVE). 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.
3 ELFORD GROVE is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 3 on ELFORD GROVE.