70, FAIRVIEW ROAD, PENN, WOLVERHAMPTON, WV4 4TE - £270,000

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

70 FAIRVIEW ROAD is a very small extended detached house of 81m², built sometime between 1930 and 1949. It was last sold for £270,000 in June 2021, which was around 2% below the average June 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was B.

70 FAIRVIEW ROAD Sold Prices

Land registry data shows two sales for 70 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 70 FAIRVIEW 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
2021 25 JUN	£270,000	£274,355	2% below HPI
2017 8 SEP	£160,000	£228,627	30% below HPI

70 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 70 FAIRVIEW ROAD sales from September 2017 and June 2021 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 September 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 70 FAIRVIEW ROAD?

70 FAIRVIEW ROAD is 81m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 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 70 FAIRVIEW ROAD lies on this distribution: 19% of detached houses are smaller than 70 FAIRVIEW ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

70 FAIRVIEW ROAD: Plot and Title Map

70 FAIRVIEW ROAD sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 70 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 70 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 70 FAIRVIEW ROAD?

70 FAIRVIEW ROAD is located in PENN, in the WV4 postcode district. The below map shows the position of No. 70 on FAIRVIEW ROAD.