39, ELM ROAD, ALBRIGHTON, WOLVERHAMPTON, WV7 3LL - £196,000

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

39 ELM ROAD is a very small extended detached house of 62m², built sometime between 1930 and 1949. It was last sold for £196,000 in November 2013, which was around 23% below the average November 2013 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was B.

39 ELM ROAD Sold Prices

Land registry data shows two sales for 39 ELM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 39 ELM ROAD 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
2013 29 NOV	£196,000	£252,975	23% below HPI
1997 19 SEP	£65,000	£93,869	31% below HPI

39 ELM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 39 ELM ROAD sales from September 1997 and November 2013 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 1997 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2013 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 39 ELM ROAD?

39 ELM ROAD is 62m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Albrighton, based on EPC data. The below chart shows the distribution of detached houses by size in Albrighton, and where 39 ELM ROAD lies on this distribution: 8% of detached houses are smaller than 39 ELM ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Albrighton.

39 ELM ROAD: Plot and Title Map

39 ELM ROAD sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 39 ELM 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 39 ELM 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 39 ELM ROAD?

39 ELM ROAD is located in ALBRIGHTON, in the WV7 postcode district. The below map shows the position of No. 39 on ELM ROAD.