3, WREN AVENUE, WOLVERHAMPTON, WV6 7TS - £230,000

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.

3 WREN AVENUE is a very small detached house of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £292,143. It was last sold for £230,000 in May 2020, which was around 32% below the average May 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

3 WREN AVENUE Sold Prices

Land registry data shows three sales for 3 WREN 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 South Staffordshire local authority area for the corresponding sale date. All of the three 3 WREN AVENUE 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
2020 13 MAY	£230,000	£339,564	32% below HPI
2006 18 DEC	£200,000	£250,506	20% below HPI
2001 12 OCT	£116,500	£141,528	18% below HPI

3 WREN AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 3 WREN AVENUE sales between October 2001 and May 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 December 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 3 WREN AVENUE be worth now?

3 WREN AVENUE might now be worth an estimated £292,143.

This is based on house price inflation of 27%, between May 2020 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27% inflationary increase is applied to the most recent sale price for 3 WREN AVENUE of £230,000 on 13th May 2020. For the value to have increased from £230,000 to £292,143 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 3 WREN AVENUE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The May 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WREN AVENUE has not materially changed since May 2020.

How Large is 3 WREN AVENUE?

3 WREN AVENUE is 53m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses houses in Perton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Perton, and where 3 WREN AVENUE lies on this distribution: 1% of detached houses houses are smaller than 3 WREN AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Perton.

3 WREN AVENUE: Plot and Title Map

3 WREN AVENUE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 3 WREN 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 WREN 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 WREN AVENUE?

3 WREN AVENUE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 3 on WREN AVENUE.