38, ELMWOOD AVENUE, ESSINGTON, WOLVERHAMPTON, WV11 2DH - £275,000

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 ELMWOOD AVENUE is a very small detached house of 80m². It was last sold for £275,000 in October 2021, which was around 27% below the average October 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

38 ELMWOOD AVENUE Sold Prices

Land registry data shows three sales for 38 ELMWOOD 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 38 ELMWOOD 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
2021 29 OCT	£275,000	£374,558	27% below HPI
2021 30 JUL	£285,000	£369,698	23% below HPI
2014 11 JUL	£189,750	£255,327	26% below HPI

38 ELMWOOD 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 38 ELMWOOD AVENUE sales between July 2014 and October 2021 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 July 2021 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 38 ELMWOOD AVENUE?

38 ELMWOOD AVENUE is 80m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Essington, based on EPC data. The below chart shows the distribution of detached houses by size in Essington, and where 38 ELMWOOD AVENUE lies on this distribution: 7% of detached houses are smaller than 38 ELMWOOD AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Essington.

38 ELMWOOD AVENUE: Plot and Title Map

38 ELMWOOD AVENUE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 38 ELMWOOD 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 ELMWOOD 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 38 ELMWOOD AVENUE?

38 ELMWOOD AVENUE is located in ESSINGTON, in the WV11 postcode district. The below map shows the position of No. 38 on ELMWOOD AVENUE.