71, RICHMOND ROAD, WOLVERHAMPTON, WV3 9JH - £452,500

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

71 RICHMOND ROAD is a very large extended detached house of 156m², built sometime between 1930 and 1949. It was last sold for £452,500 in June 2022, which was around 47% above the average June 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2012, where the current energy rating was F, and the potential energy rating was C.

71 RICHMOND ROAD Sold Prices

Land registry data shows three sales for 71 RICHMOND ROAD since 1^st 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. All of the three 71 RICHMOND ROAD 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 28 JUN	£452,500	£308,147	47% above HPI
2007 3 AUG	£332,000	£211,030	57% above HPI
1996 4 NOV	£95,000	£71,272	33% above HPI

71 RICHMOND 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 three 71 RICHMOND ROAD sales between November 1996 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 August 2007 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 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 71 RICHMOND ROAD?

71 RICHMOND ROAD is 156m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 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 71 RICHMOND ROAD lies on this distribution: 82% of detached houses are smaller than 71 RICHMOND ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

71 RICHMOND ROAD: Plot and Title Map

71 RICHMOND ROAD sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 71 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 71 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.

Where is 71 RICHMOND ROAD?

71 RICHMOND ROAD is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 71 on RICHMOND ROAD.