40, GRANGE PARK, ALBRIGHTON, WOLVERHAMPTON, WV7 3EN - £240,000

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 GRANGE PARK is a very small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £240,000 in September 2017, which was around 19% below the average September 2017 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

40 GRANGE PARK Sold Prices

Land registry data shows two sales for 40 GRANGE PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 40 GRANGE PARK 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
2017 19 SEP	£240,000	£295,256	19% below HPI
2015 17 DEC	£191,000	£277,669	31% below HPI

40 GRANGE PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 40 GRANGE PARK sales from December 2015 and September 2017 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 December 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2017 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 40 GRANGE PARK?

40 GRANGE PARK is 75m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 20% of detached houses in Albrighton, based on EPC data. The below chart shows the distribution of detached houses by size in Albrighton, and where 40 GRANGE PARK lies on this distribution: 16% of detached houses are smaller than 40 GRANGE PARK, and 84% of houses are larger. Note that EPC data is not available for all properties in Albrighton.

40 GRANGE PARK: Plot and Title Map

40 GRANGE PARK sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 40 GRANGE PARK, 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 GRANGE PARK). 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 GRANGE PARK?

40 GRANGE PARK is located in ALBRIGHTON, in the WV7 postcode district. The below map shows the position of No. 40 on GRANGE PARK.