301, LICHFIELD ROAD, WOLVERHAMPTON, WV11 3EN - £170,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

301 LICHFIELD ROAD is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £170,000 in April 2017, which was around 24% below the average April 2017 detached price in the Wolverhampton local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

301 LICHFIELD ROAD Sold Prices

Land registry data shows two sales for 301 LICHFIELD ROAD 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 301 LICHFIELD ROAD 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
2017 3 APR	£170,000	£223,731	24% below HPI
1997 28 NOV	£51,000	£74,951	32% below HPI

301 LICHFIELD ROAD 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 301 LICHFIELD ROAD sales from November 1997 and April 2017 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 November 1997 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2017 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 301 LICHFIELD ROAD?

301 LICHFIELD ROAD is 76m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 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 301 LICHFIELD ROAD lies on this distribution: 14% of detached houses are smaller than 301 LICHFIELD ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

301 LICHFIELD ROAD: Plot and Title Map

301 LICHFIELD ROAD sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 301 LICHFIELD ROAD, 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 301 LICHFIELD ROAD). 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 301 LICHFIELD ROAD?

301 LICHFIELD ROAD is located in WOLVERHAMPTON, in the WV11 postcode district. The below map shows the position of No. 301 on LICHFIELD ROAD.