Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
496 WOLVERHAMPTON ROAD EAST is a large detached house of 120m², built sometime between 1950 and 1966. It was last sold for £385,000 in May 2024, which was around 20% above the average May 2024 detached price in the Wolverhampton local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 496 WOLVERHAMPTON ROAD EAST since 1st 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 496 WOLVERHAMPTON ROAD EAST 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 |
---|---|---|---|
2024 17 MAY | £385,000 | £320,174 | 20% above HPI |
2023 24 MAY | £320,000 | £317,858 | 1% above HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 496 WOLVERHAMPTON ROAD EAST sales from May 2023 and May 2024 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 2023 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2024 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.
496 WOLVERHAMPTON ROAD EAST is 120m² according to the EPC inspection conducted in June 2018. This puts it in the largest 40% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 496 WOLVERHAMPTON ROAD EAST lies on this distribution: 63% of detached houses are smaller than 496 WOLVERHAMPTON ROAD EAST, and 36% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
496 WOLVERHAMPTON ROAD EAST sits on a plot of roughly 0.299 of an acre, or 1,210m². The below map shows the location of 496 WOLVERHAMPTON ROAD EAST, 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 496 WOLVERHAMPTON ROAD EAST). 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.
496 WOLVERHAMPTON ROAD EAST is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 496 on WOLVERHAMPTON ROAD EAST.