40, CROMWELL ROAD, WOLVERHAMPTON, WV10 8AA - £123,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 CROMWELL ROAD is a small extended detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £215,615. It was last sold for £123,000 in July 2015, which was around 35% below the average July 2015 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

40 CROMWELL ROAD Sold Prices

Land registry data shows two sales for 40 CROMWELL 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 Wolverhampton local authority area for the corresponding sale date. Both of the two 40 CROMWELL 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
2015 3 JUL	£123,000	£190,302	35% below HPI
2004 3 SEP	£90,000	£172,488	48% below HPI

40 CROMWELL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 40 CROMWELL ROAD sales from September 2004 and July 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 September 2004 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2015 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 40 CROMWELL ROAD be worth now?

40 CROMWELL ROAD might now be worth an estimated £215,615.

This is based on house price inflation of 75.3%, between July 2015 and February 2025, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.3% inflationary increase is applied to the most recent sale price for 40 CROMWELL ROAD of £123,000 on 3rd July 2015. For the value to have increased from £123,000 to £215,615 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 40 CROMWELL ROAD has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The July 2015 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CROMWELL ROAD has not materially changed since July 2015.

How Large is 40 CROMWELL ROAD?

40 CROMWELL ROAD is 93m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 40 CROMWELL ROAD lies on this distribution: 33% of detached houses houses are smaller than 40 CROMWELL ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

40 CROMWELL ROAD: Plot and Title Map

40 CROMWELL ROAD sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 40 CROMWELL 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 40 CROMWELL 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 40 CROMWELL ROAD?

40 CROMWELL ROAD is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 40 on CROMWELL ROAD.