40, GIBBONS GROVE, WOLVERHAMPTON, WV6 0JF - £175,000

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

40 GIBBONS GROVE is a small extended detached house of 87m², built sometime between 1900 and 1929. It was last sold for £175,000 in April 2011, which was around 8% below the average April 2011 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was C.

40 GIBBONS GROVE Sold Prices

Land registry data shows three sales for 40 GIBBONS GROVE since 1^st 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. All of the three 40 GIBBONS GROVE 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
2011 13 APR	£175,000	£191,252	8% below HPI
2007 21 SEP	£185,000	£214,648	14% below HPI
2001 24 AUG	£91,500	£102,066	10% below HPI

40 GIBBONS GROVE 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 three 40 GIBBONS GROVE sales between August 2001 and April 2011 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 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2011 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 40 GIBBONS GROVE?

40 GIBBONS GROVE is 87m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 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 40 GIBBONS GROVE lies on this distribution: 26% of detached houses are smaller than 40 GIBBONS GROVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

40 GIBBONS GROVE: Plot and Title Map

40 GIBBONS GROVE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 40 GIBBONS GROVE, 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 GIBBONS GROVE). 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 GIBBONS GROVE?

40 GIBBONS GROVE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 40 on GIBBONS GROVE.