MAYFIELD, PARKFIELD COLLIERY, WOLVERHAMPTON, WV4 6HR - £177,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

MAYFIELD is a small extended semi-detached house of 84m², built sometime between 1930 and 1949. It was last sold for £177,000 in May 2024, which was around 44% below the average May 2024 detached price in the Wolverhampton local authority area. The most recent EPC inspection was November 2024, where the current energy rating was D, and the potential energy rating was C.

MAYFIELD Sold Prices

Land registry data shows two sales for MAYFIELD 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 MAYFIELD 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
2024 15 MAY	£177,000	£316,218	44% below HPI
2003 10 OCT	£115,000	£158,074	27% below HPI

MAYFIELD 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 MAYFIELD sales from October 2003 and May 2024 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 October 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2024 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is MAYFIELD?

MAYFIELD is 84m², which includes one extension, according to the EPC inspection conducted in November 2024. This puts it in the smallest 30% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where MAYFIELD lies on this distribution: 22% of detached houses are smaller than MAYFIELD, and 76% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

MAYFIELD: Plot and Title Map

MAYFIELD sits on a plot of roughly 0.159 of an acre, or 641m². The below map shows the location of MAYFIELD, 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 MAYFIELD). 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 MAYFIELD?

MAYFIELD is located on PARKFIELD COLLIERY in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of MAYFIELD on PARKFIELD COLLIERY.