63, VERNON ROAD, BILSTON, WV14 7HA - £175,000

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

63 VERNON ROAD is a small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £175,000 in June 2022, which was around 43% below the average June 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

63 VERNON ROAD Sold Prices

Land registry data shows two sales for 63 VERNON 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 63 VERNON 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
2022 14 JUN	£175,000	£308,147	43% below HPI
1998 4 DEC	£46,000	£77,275	40% below HPI

63 VERNON 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 63 VERNON ROAD sales from December 1998 and June 2022 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 1998 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2022 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 63 VERNON ROAD?

63 VERNON ROAD is 85m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses by size in Bilston, and where 63 VERNON ROAD lies on this distribution: 21% of detached houses are smaller than 63 VERNON ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Bilston.

63 VERNON ROAD: Plot and Title Map

63 VERNON ROAD sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 63 VERNON 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 63 VERNON 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 63 VERNON ROAD?

63 VERNON ROAD is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 63 on VERNON ROAD.