38, EDNAM ROAD, WOLVERHAMPTON, WV4 5BP - £435,000

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.

38 EDNAM ROAD is a midsized detached house of 101m², built sometime between 1950 and 1966, which could now be worth an estimated £570,794. It was last sold for £435,000 in September 2020, which was around 74% above the average September 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

38 EDNAM ROAD Sold Prices

Land registry data shows three sales for 38 EDNAM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 38 EDNAM ROAD 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
2020 18 SEP	£435,000	£250,052	74% above HPI
2016 17 MAR	£327,500	£198,135	65% above HPI
1996 2 APR	£100,000	£66,102	51% above HPI

38 EDNAM 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 three 38 EDNAM ROAD sales between April 1996 and September 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 March 2016 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the September 2020 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might 38 EDNAM ROAD be worth now?

38 EDNAM ROAD might now be worth an estimated £570,794.

This is based on house price inflation of 31.2%, between September 2020 and March 2025, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.2% inflationary increase is applied to the most recent sale price for 38 EDNAM ROAD of £435,000 on 18th September 2020. For the value to have increased from £435,000 to £570,794 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of 38 EDNAM ROAD has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The September 2020 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 38 EDNAM ROAD has not materially changed since September 2020.

How Large is 38 EDNAM ROAD?

38 EDNAM ROAD is 101m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 50% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 38 EDNAM ROAD lies on this distribution: 42% of detached houses houses are smaller than 38 EDNAM ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

38 EDNAM ROAD: Plot and Title Map

38 EDNAM ROAD sits on a plot of roughly 0.283 of an acre, or 1,144m². The below map shows the location of 38 EDNAM 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 38 EDNAM 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 38 EDNAM ROAD?

38 EDNAM ROAD is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 38 on EDNAM ROAD.