7A, GRAFTON PLACE, BILSTON, WV14 6LH - £204,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7A GRAFTON PLACE is a midsized extended detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £289,863. It was last sold for £204,000 in August 2018, which was around 13% below the average August 2018 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

7A GRAFTON PLACE Sold Prices

Land registry data shows three sales for 7A GRAFTON PLACE 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 7A GRAFTON PLACE 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
2018 28 AUG	£204,000	£234,776	13% below HPI
2015 8 MAY	£170,000	£187,835	9% below HPI
1998 2 NOV	£72,000	£74,067	3% below HPI

7A GRAFTON PLACE 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 7A GRAFTON PLACE sales between November 1998 and August 2018 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 May 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 7A GRAFTON PLACE be worth now?

7A GRAFTON PLACE might now be worth an estimated £289,863.

This is based on house price inflation of 42.1%, between August 2018 and February 2025, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.1% inflationary increase is applied to the most recent sale price for 7A GRAFTON PLACE of £204,000 on 28th August 2018. For the value to have increased from £204,000 to £289,863 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 7A GRAFTON PLACE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The August 2018 sale price of £204,000 represented a fair market value for the property.
• The size, condition, and specification of 7A GRAFTON PLACE has not materially changed since August 2018.

How Large is 7A GRAFTON PLACE?

7A GRAFTON PLACE is 99m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 50% of detached houses houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilston, and where 7A GRAFTON PLACE lies on this distribution: 48% of detached houses houses are smaller than 7A GRAFTON PLACE, and 49% of houses are larger. Note that EPC data is not available for all properties in Bilston.

7A GRAFTON PLACE: Plot and Title Map

7A GRAFTON PLACE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 7A GRAFTON PLACE, 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 7A GRAFTON PLACE). 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 7A GRAFTON PLACE?

7A GRAFTON PLACE is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 7A on GRAFTON PLACE.