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
65 RICHMOND ROAD is a large detached house of 141m², built sometime between 1950 and 1966. It was last sold for £410,000 in August 2022, which was around 31% above the average August 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 65 RICHMOND ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Two of the three 65 RICHMOND ROAD sales were for above the average price, whilst one was 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 24 AUG | £410,000 | £313,031 | 31% above HPI |
2004 26 AUG | £230,000 | £174,980 | 31% above HPI |
1997 22 JUL | £70,000 | £73,687 | 5% below HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 65 RICHMOND ROAD sales between July 1997 and August 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 2004 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2022 sale, which was also at 31% above the HPI.
65 RICHMOND ROAD is 141m² according to the EPC inspection conducted in March 2022. This puts it in the largest 30% 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 RICHMOND ROAD lies on this distribution: 75% of detached houses are smaller than 65 RICHMOND ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
65 RICHMOND ROAD sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 65 RICHMOND 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 RICHMOND 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.
65 RICHMOND ROAD is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 65 on RICHMOND ROAD.