47, ELM ROAD, ALBRIGHTON, WOLVERHAMPTON, WV7 3LL - £171,000

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.

47 ELM ROAD is a small extended detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £408,417. It was last sold for £171,000 in October 2002, which was around 2% below the average October 2002 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

47 ELM ROAD Sold Prices

Land registry data shows two sales for 47 ELM 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 Shropshire local authority area for the corresponding sale date. Both of the two 47 ELM 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
2002 18 OCT	£171,000	£174,713	2% below HPI
1998 6 OCT	£102,000	£103,281	1% below HPI

47 ELM 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 two 47 ELM ROAD sales from October 1998 and October 2002 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 October 1998 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2002 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 47 ELM ROAD be worth now?

47 ELM ROAD might now be worth an estimated £408,417.

This is based on house price inflation of 138.8%, between October 2002 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 138.8% inflationary increase is applied to the most recent sale price for 47 ELM ROAD of £171,000 on 18th October 2002. For the value to have increased from £171,000 to £408,417 over the 23 years and eight months to February 2025, the following assumptions must hold true:

• The value of 47 ELM ROAD has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The October 2002 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of 47 ELM ROAD has not materially changed since October 2002.

How Large is 47 ELM ROAD?

47 ELM ROAD is 90m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 40% of detached houses houses in Albrighton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Albrighton, and where 47 ELM ROAD lies on this distribution: 30% of detached houses houses are smaller than 47 ELM ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Albrighton.

47 ELM ROAD: Plot and Title Map

47 ELM ROAD sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 47 ELM 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 47 ELM 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 47 ELM ROAD?

47 ELM ROAD is located in ALBRIGHTON, in the WV7 postcode district. The below map shows the position of No. 47 on ELM ROAD.