1, RICHMOND ROAD, WOLVERHAMPTON, WV3 9HY - £350,000

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.

1 RICHMOND ROAD is a very large semi-detached house of 164m², built sometime between 1900 and 1929, which could now be worth an estimated £454,418. It was last sold for £350,000 in July 2021, which was around 98% above the average July 2021 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

1 RICHMOND ROAD Sold Prices

Land registry data shows two sales for 1 RICHMOND ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 1 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
2021 30 JUL	£350,000	£177,061	98% above HPI
2004 20 APR	£155,000	£103,252	50% above HPI

1 RICHMOND ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 1 RICHMOND ROAD sales from April 2004 and July 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 April 2004 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2021 sale, where it rises to 98% above the HPI. The line then continues to track at 98% above the HPI.

What might 1 RICHMOND ROAD be worth now?

1 RICHMOND ROAD might now be worth an estimated £454,418.

This is based on house price inflation of 29.8%, between July 2021 and April 2026, for semi-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 29.8% inflationary increase is applied to the most recent sale price for 1 RICHMOND ROAD of £350,000 on 30th July 2021. For the value to have increased from £350,000 to £454,418 over the five years and three months to April 2026, the following assumptions must hold true:

• The value of 1 RICHMOND ROAD has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The July 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RICHMOND ROAD has not materially changed since July 2021.

How Large is 1 RICHMOND ROAD?

1 RICHMOND ROAD is 164m² according to the EPC inspection conducted in April 2021. This puts it in the largest 20% of semi-detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wolverhampton, and where 1 RICHMOND ROAD lies on this distribution: 84% of semi-detached houses houses are smaller than 1 RICHMOND ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

1 RICHMOND ROAD: Plot and Title Map

1 RICHMOND ROAD sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 1 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 1 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 1 RICHMOND ROAD?

1 RICHMOND ROAD is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 1 on RICHMOND ROAD.