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
38 CAPSTONE AVENUE is a very large detached house of 221m², built in 2022. It was last sold for £390,000 in February 2023, which was around 19% above the average February 2023 detached price in the Wolverhampton local authority area. The most recent EPC inspection was January 2022, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows four sales for 38 CAPSTONE AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Most of the four 38 CAPSTONE 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 |
---|---|---|---|
2023 24 FEB | £390,000 | £328,883 | 19% above HPI |
2021 17 MAR | £141,000 | £267,618 | 47% below HPI |
2020 26 AUG | £144,000 | £255,851 | 44% below HPI |
2020 9 JUL | £132,000 | £252,746 | 48% below HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The four 38 CAPSTONE AVENUE sales between July 2020 and February 2023 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 March 2021 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2023 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
38 CAPSTONE AVENUE is 221m² according to the EPC inspection conducted in January 2022. This puts it in the largest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 38 CAPSTONE AVENUE lies on this distribution: 95% of detached houses are smaller than 38 CAPSTONE AVENUE, and 5% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
38 CAPSTONE AVENUE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 38 CAPSTONE 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 38 CAPSTONE 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.
38 CAPSTONE AVENUE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 38 on CAPSTONE AVENUE.