40, STATION ROAD, ALBRIGHTON, WOLVERHAMPTON, WV7 3DG - £563,482

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 STATION ROAD is a very large extended detached house of 175m², built sometime before 1900. It was last sold for £563,482 in November 2023, which was around 43% above the average November 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

40 STATION ROAD Sold Prices

Land registry data shows four sales for 40 STATION ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 40 STATION 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
2023 17 NOV	£563,482	£394,189	43% above HPI
2010 21 MAY	£345,000	£255,730	35% above HPI
1996 22 JUL	£132,000	£83,136	59% above HPI
1995 17 MAY	£115,000	£82,565	39% above HPI

40 STATION ROAD 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 four 40 STATION ROAD sales between May 1995 and November 2023 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 May 2010 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the November 2023 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 40 STATION ROAD?

40 STATION ROAD is 175m², which includes two extensions, according to the EPC inspection conducted in May 2009. This puts it in the largest 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 STATION ROAD lies on this distribution: 87% of detached houses are smaller than 40 STATION ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Albrighton.

40 STATION ROAD: Plot and Title Map

40 STATION ROAD sits on a plot of roughly 0.181 of an acre, or 731m². The below map shows the location of 40 STATION 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 STATION 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 STATION ROAD?

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