3, MAYFAIR CLOSE, ALBRIGHTON, WOLVERHAMPTON, WV7 3PW - £297,500

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 MAYFAIR CLOSE is a very small detached house of 53m², built sometime between 1950 and 1966. It was last sold for £297,500 in June 2021, which was around 13% below the average June 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

3 MAYFAIR CLOSE Sold Prices

Land registry data shows four sales for 3 MAYFAIR CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 3 MAYFAIR CLOSE 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
2021 30 JUN	£297,500	£341,731	13% below HPI
2015 26 AUG	£170,000	£273,708	38% below HPI
1999 27 JAN	£73,000	£100,020	27% below HPI
1996 6 DEC	£52,000	£85,976	40% below HPI

3 MAYFAIR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The four 3 MAYFAIR CLOSE sales between December 1996 and June 2021 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 August 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 MAYFAIR CLOSE?

3 MAYFAIR CLOSE is 53m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Albrighton, based on EPC data. The below chart shows the distribution of detached houses by size in Albrighton, and where 3 MAYFAIR CLOSE lies on this distribution: 2% of detached houses are smaller than 3 MAYFAIR CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Albrighton.

3 MAYFAIR CLOSE: Plot and Title Map

3 MAYFAIR CLOSE sits on a plot of roughly 0.070 of an acre, or 281m². The below map shows the location of 3 MAYFAIR CLOSE, 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 MAYFAIR CLOSE). 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 3 MAYFAIR CLOSE?

3 MAYFAIR CLOSE is located in ALBRIGHTON, in the WV7 postcode district. The below map shows the position of No. 3 on MAYFAIR CLOSE.