65, FAIRVIEW ROAD, PENN, WOLVERHAMPTON, WV4 4TD - £385,000

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

65 FAIRVIEW ROAD is a very large extended detached house of 154m², built sometime between 1930 and 1949. It was last sold for £385,000 in June 2022, which was around 25% above the average June 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

65 FAIRVIEW ROAD Sold Prices

Land registry data shows two sales for 65 FAIRVIEW 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 65 FAIRVIEW 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
2022 30 JUN	£385,000	£308,147	25% above HPI
2017 15 AUG	£250,000	£226,213	11% above HPI

65 FAIRVIEW 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 65 FAIRVIEW ROAD sales from August 2017 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 August 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2022 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 65 FAIRVIEW ROAD?

65 FAIRVIEW ROAD is 154m², which includes four extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 65 FAIRVIEW ROAD lies on this distribution: 81% of detached houses are smaller than 65 FAIRVIEW ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

65 FAIRVIEW ROAD: Plot and Title Map

65 FAIRVIEW ROAD sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 65 FAIRVIEW 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 65 FAIRVIEW 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 65 FAIRVIEW ROAD?

65 FAIRVIEW ROAD is located in PENN, in the WV4 postcode district. The below map shows the position of No. 65 on FAIRVIEW ROAD.