4, FORMBY AVENUE, PERTON, WOLVERHAMPTON, WV6 7YU - £237,500

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

4 FORMBY AVENUE is a large detached house of 108m², built sometime between 1996 and 2002. It was last sold for £237,500 in August 2015, which was around 15% below the average August 2015 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

4 FORMBY AVENUE Sold Prices

Land registry data shows two sales for 4 FORMBY AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. One of the two 4 FORMBY AVENUE sales was for below the average price, whilst the other was 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
2015 18 AUG	£237,500	£280,093	15% below HPI
2002 18 JAN	£145,500	£143,662	1% above HPI

4 FORMBY 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 two 4 FORMBY AVENUE sales from January 2002 and August 2015 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 January 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2015 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 4 FORMBY AVENUE?

4 FORMBY AVENUE is 108m² according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of detached houses in Perton, based on EPC data. The below chart shows the distribution of detached houses by size in Perton, and where 4 FORMBY AVENUE lies on this distribution: 63% of detached houses are smaller than 4 FORMBY AVENUE, and 36% of houses are larger. Note that EPC data is not available for all properties in Perton.

4 FORMBY AVENUE: Plot and Title Map

4 FORMBY AVENUE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 4 FORMBY 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 4 FORMBY 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 4 FORMBY AVENUE?

4 FORMBY AVENUE is located in PERTON, in the WV6 postcode district. The below map shows the position of No. 4 on FORMBY AVENUE.