31, RICHMOND AVENUE, WOLVERHAMPTON, WV3 9JB - £212,500

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

31 RICHMOND AVENUE is a large extended detached house of 117m², built sometime between 1976 and 1982. It was last sold for £212,500 in April 2008, which was around 4% above the average April 2008 detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

31 RICHMOND AVENUE Sold Prices

Land registry data shows two sales for 31 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. One of the two 31 RICHMOND AVENUE sales was for above the average price, whilst the other was 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
2008 28 APR	£212,500	£205,269	4% above HPI
1999 24 SEP	£73,000	£82,491	12% below HPI

31 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 31 RICHMOND AVENUE sales from September 1999 and April 2008 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 September 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2008 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 31 RICHMOND AVENUE?

31 RICHMOND AVENUE is 117m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 40% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 31 RICHMOND AVENUE lies on this distribution: 60% of detached houses are smaller than 31 RICHMOND AVENUE, and 39% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

31 RICHMOND AVENUE: Plot and Title Map

31 RICHMOND AVENUE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 31 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 31 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 31 RICHMOND AVENUE?

31 RICHMOND AVENUE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 31 on RICHMOND AVENUE.