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
4 SUTHERLAND ROAD is a large extended detached house of 129m², built sometime between 1930 and 1949. It was last sold for £252,000 in August 2019, which was around 2% above the average August 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 4 SUTHERLAND ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. One of the three 4 SUTHERLAND ROAD sales was for above the average price, whilst two 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 |
---|---|---|---|
2019 9 AUG | £252,000 | £247,801 | 2% above HPI |
2017 6 JAN | £170,000 | £215,528 | 21% below HPI |
2016 28 OCT | £160,000 | £215,349 | 26% below HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 4 SUTHERLAND ROAD sales between October 2016 and August 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 January 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2019 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
4 SUTHERLAND ROAD is 129m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 40% 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 SUTHERLAND ROAD lies on this distribution: 69% of detached houses are smaller than 4 SUTHERLAND ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
4 SUTHERLAND ROAD sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 4 SUTHERLAND 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 SUTHERLAND 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 SUTHERLAND ROAD is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 4 on SUTHERLAND ROAD.