8, MAYFAIR GARDENS, WOLVERHAMPTON, WV3 9DN - £333,500

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.

8 MAYFAIR GARDENS is a midsized detached house of 109m², built sometime between 1976 and 1982, which could now be worth an estimated £563,582. It was last sold for £333,500 in February 2016, which was around 69% above the average February 2016 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

8 MAYFAIR GARDENS Sold Prices

Land registry data shows two sales for 8 MAYFAIR GARDENS 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 8 MAYFAIR 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
2016 16 FEB	£333,500	£197,404	69% above HPI
2014 3 NOV	£275,000	£188,483	46% above HPI

8 MAYFAIR GARDENS 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 8 MAYFAIR GARDENS sales from November 2014 and February 2016 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 November 2014 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the February 2016 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might 8 MAYFAIR GARDENS be worth now?

8 MAYFAIR GARDENS might now be worth an estimated £563,582.

This is based on house price inflation of 69%, between February 2016 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 69% inflationary increase is applied to the most recent sale price for 8 MAYFAIR GARDENS of £333,500 on 16th February 2016. For the value to have increased from £333,500 to £563,582 over the nine years to February 2025, the following assumptions must hold true:

• The value of 8 MAYFAIR GARDENS has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The February 2016 sale price of £333,500 represented a fair market value for the property.
• The size, condition, and specification of 8 MAYFAIR GARDENS has not materially changed since February 2016.

How Large is 8 MAYFAIR GARDENS?

8 MAYFAIR GARDENS is 109m² according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 8 MAYFAIR GARDENS lies on this distribution: 51% of detached houses houses are smaller than 8 MAYFAIR GARDENS, and 48% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

8 MAYFAIR GARDENS: Plot and Title Map

8 MAYFAIR GARDENS sits on a plot of roughly 0.200 of an acre, or 808m². The below map shows the location of 8 MAYFAIR 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 8 MAYFAIR 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.

Where is 8 MAYFAIR GARDENS?

8 MAYFAIR GARDENS is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 8 on MAYFAIR GARDENS.