3, RICHMOND AVENUE, WOLVERHAMPTON, WV3 9JB - £396,000

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

3 RICHMOND AVENUE is a very large extended detached house of 179m², built sometime between 1900 and 1929. It was last sold for £396,000 in September 2019, which was around 58% above the average September 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was C.

3 RICHMOND AVENUE Sold Prices

Land registry data shows two sales for 3 RICHMOND AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 3 RICHMOND AVENUE sales 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
2019 6 SEP	£396,000	£249,866	58% above HPI
2012 27 JUN	£280,000	£183,950	52% above HPI

3 RICHMOND 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 two 3 RICHMOND AVENUE sales from June 2012 and September 2019 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 June 2012 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the September 2019 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 3 RICHMOND AVENUE?

3 RICHMOND AVENUE is 179m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 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 3 RICHMOND AVENUE lies on this distribution: 88% of detached houses are smaller than 3 RICHMOND AVENUE, and 12% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

3 RICHMOND AVENUE: Plot and Title Map

3 RICHMOND AVENUE sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of 3 RICHMOND 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 3 RICHMOND 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 3 RICHMOND AVENUE?

3 RICHMOND AVENUE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 3 on RICHMOND AVENUE.