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
7 BOUNDARY WAY is a very large extended detached house of 234m², built sometime between 1950 and 1966. It was last sold for £410,000 in May 2022, which was around 32% above the average May 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 7 BOUNDARY WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the four 7 BOUNDARY WAY 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 19 MAY | £410,000 | £309,889 | 32% above HPI |
2021 29 JAN | £410,000 | £268,546 | 53% above HPI |
2014 1 OCT | £500,000 | £194,991 | 156% above HPI |
1998 20 AUG | £146,000 | £75,607 | 93% above HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The four 7 BOUNDARY WAY sales between August 1998 and May 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 January 2021 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the May 2022 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.
7 BOUNDARY WAY is 234m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 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 7 BOUNDARY WAY lies on this distribution: 96% of detached houses are smaller than 7 BOUNDARY WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
7 BOUNDARY WAY sits on a plot of roughly 0.284 of an acre, or 1,151m². The below map shows the location of 7 BOUNDARY WAY, 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 7 BOUNDARY WAY). 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.
7 BOUNDARY WAY is located in COMPTON, in the WV6 postcode district. The below map shows the position of No. 7 on BOUNDARY WAY.