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 SEDGLEY ROAD is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £185,000 in May 2019, which was around 41% below the average May 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 SEDGLEY ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 7 SEDGLEY 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 |
---|---|---|---|
2019 17 MAY | £185,000 | £311,480 | 41% below HPI |
2012 27 APR | £138,000 | £245,520 | 44% below HPI |
2006 6 NOV | £162,000 | £250,485 | 35% below HPI |
The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 7 SEDGLEY ROAD sales between November 2006 and May 2019 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 April 2012 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2019 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.
7 SEDGLEY ROAD is 56m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 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 SEDGLEY ROAD lies on this distribution: 2% of detached houses are smaller than 7 SEDGLEY ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
7 SEDGLEY ROAD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 7 SEDGLEY 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 7 SEDGLEY 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.
7 SEDGLEY ROAD is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 7 on SEDGLEY ROAD.