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
7 RIVERSIDE GARDENS is a very large extended detached house of 186m², built sometime between 1991 and 1995. It was last sold for £480,000 in June 2022, which was around 22% above the average June 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 RIVERSIDE GARDENS since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 7 RIVERSIDE GARDENS 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 24 JUN | £480,000 | £394,793 | 22% above HPI |
2002 27 FEB | £222,500 | £141,834 | 57% above HPI |
The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 7 RIVERSIDE GARDENS sales from February 2002 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 February 2002 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the June 2022 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.
7 RIVERSIDE GARDENS is 186m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses in Bilbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Bilbrook, and where 7 RIVERSIDE GARDENS lies on this distribution: 95% of detached houses are smaller than 7 RIVERSIDE GARDENS, and 5% of houses are larger. Note that EPC data is not available for all properties in Bilbrook.
7 RIVERSIDE GARDENS sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 7 RIVERSIDE GARDENS, 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 RIVERSIDE GARDENS). 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 RIVERSIDE GARDENS is located in WOLVERHAMPTON, in the WV8 postcode district. The below map shows the position of No. 7 on RIVERSIDE GARDENS.