2, CRANMERE AVENUE, WOLVERHAMPTON, WV6 8TS - £380,000

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.

2 CRANMERE AVENUE is a large detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £585,151. It was last sold for £380,000 in September 2016, which was around 78% above the average September 2016 detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

2 CRANMERE AVENUE Sold Prices

Land registry data shows two sales for 2 CRANMERE AVENUE 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 2 CRANMERE AVENUE 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 7 SEP	£380,000	£213,077	78% above HPI
2005 9 JAN	£217,500	£177,018	23% above HPI

2 CRANMERE AVENUE 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 2 CRANMERE AVENUE sales from January 2005 and September 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 January 2005 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2016 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 2 CRANMERE AVENUE be worth now?

2 CRANMERE AVENUE might now be worth an estimated £585,151.

This is based on house price inflation of 54%, between September 2016 and March 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 54% inflationary increase is applied to the most recent sale price for 2 CRANMERE AVENUE of £380,000 on 7th September 2016. For the value to have increased from £380,000 to £585,151 over the nine years and six months to March 2025, the following assumptions must hold true:

• The value of 2 CRANMERE AVENUE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The September 2016 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CRANMERE AVENUE has not materially changed since September 2016.

How Large is 2 CRANMERE AVENUE?

2 CRANMERE AVENUE is 120m² according to the EPC inspection conducted in May 2016. This puts it in the largest 40% 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 2 CRANMERE AVENUE lies on this distribution: 63% of detached houses houses are smaller than 2 CRANMERE AVENUE, and 37% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

2 CRANMERE AVENUE: Plot and Title Map

2 CRANMERE AVENUE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 2 CRANMERE AVENUE, 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 2 CRANMERE AVENUE). 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 2 CRANMERE AVENUE?

2 CRANMERE AVENUE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 2 on CRANMERE AVENUE.