Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources
4 LOTHIANS ROAD is a large detached house of 139m², built sometime between 1950 and 1966. It was last sold for £340,000 in January 2019, which was around 40% above the average January 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 4 LOTHIANS ROAD 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 4 LOTHIANS 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 |
---|---|---|---|
2019 23 JAN | £340,000 | £242,209 | ![]() 40% above HPI |
2018 31 AUG | £365,000 | £241,070 | ![]() 51% above HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 4 LOTHIANS ROAD sales from August 2018 and January 2019 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 August 2018 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the January 2019 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.
4 LOTHIANS ROAD is 139m² according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 4 LOTHIANS ROAD lies on this distribution: 75% of detached houses are smaller than 4 LOTHIANS ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
4 LOTHIANS ROAD sits on a plot of roughly 0.196 of an acre, or 795m². The below map shows the location of 4 LOTHIANS 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 4 LOTHIANS 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.
4 LOTHIANS ROAD is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 4 on LOTHIANS ROAD.