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 GREENFIELD LANE is a very small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £210,000 in June 2020, which was around 16% below the average June 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 38 GREENFIELD LANE since 1st 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 38 GREENFIELD LANE 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 |
---|---|---|---|
2020 5 JUN | £210,000 | £250,727 | 16% below HPI |
2016 17 JUN | £152,000 | £214,411 | 29% below HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 38 GREENFIELD LANE sales from June 2016 and June 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 June 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
38 GREENFIELD LANE is 75m² according to the EPC inspection conducted in December 2019. 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 38 GREENFIELD LANE lies on this distribution: 13% of detached houses are smaller than 38 GREENFIELD LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
38 GREENFIELD LANE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 38 GREENFIELD LANE, 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 GREENFIELD LANE). 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 GREENFIELD LANE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 38 on GREENFIELD LANE.