48, MAYFIELD ROAD, WOLVERHAMPTON, WV1 2EA - £71,000

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

48 MAYFIELD ROAD is a very small detached house of 66m². It was last sold for £71,000 in November 2006, which was around 65% below the average November 2006 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2012, where the current energy rating was B, and the potential energy rating was B.

48 MAYFIELD ROAD Sold Prices

Land registry data shows two sales for 48 MAYFIELD 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 48 MAYFIELD 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
2006 3 NOV	£71,000	£200,871	65% below HPI
1995 30 NOV	£15,000	£68,281	78% below HPI

48 MAYFIELD 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 48 MAYFIELD ROAD sales from November 1995 and November 2006 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 November 1995 sale was for 78% below the HPI. So the extrapolation line tracks at 78% below the HPI over time, until the November 2006 sale, where it rises to 65% below the HPI. The line then continues to track at 65% below the HPI.

How Large is 48 MAYFIELD ROAD?

48 MAYFIELD ROAD is 66m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 48 MAYFIELD ROAD lies on this distribution: 6% of detached houses are smaller than 48 MAYFIELD ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

48 MAYFIELD ROAD: Plot and Title Map

48 MAYFIELD ROAD sits on a plot of roughly 2.4 acres, or 9,864m². The below map shows the location of 48 MAYFIELD 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 48 MAYFIELD 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 48 MAYFIELD ROAD?

48 MAYFIELD ROAD is located in WOLVERHAMPTON, in the WV1 postcode district. The below map shows the position of No. 48 on MAYFIELD ROAD.