24, BIRCHWOOD ROAD, WOLVERHAMPTON, WV4 5UJ - £110,000

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.

24 BIRCHWOOD ROAD is a small terraced house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £209,654. It was last sold for £110,000 in May 2011, which was around 13% above the average May 2011 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

24 BIRCHWOOD ROAD Sold Prices

Land registry data shows three sales for 24 BIRCHWOOD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. Two of the three 24 BIRCHWOOD ROAD sales were for above the average price, whilst one was 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
2011 27 MAY	£110,000	£97,224	13% above HPI
2010 21 MAY	£80,000	£96,343	17% below HPI
2006 16 AUG	£161,000	£106,217	52% above HPI

24 BIRCHWOOD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 24 BIRCHWOOD ROAD sales between August 2006 and May 2011 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 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2011 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 24 BIRCHWOOD ROAD be worth now?

24 BIRCHWOOD ROAD might now be worth an estimated £209,654.

This is based on house price inflation of 90.6%, between May 2011 and May 2026, for terraced 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 90.6% inflationary increase is applied to the most recent sale price for 24 BIRCHWOOD ROAD of £110,000 on 27th May 2011. For the value to have increased from £110,000 to £209,654 over the fifteen years to May 2026, the following assumptions must hold true:

• The value of 24 BIRCHWOOD ROAD has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The May 2011 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 24 BIRCHWOOD ROAD has not materially changed since May 2011.

How Large is 24 BIRCHWOOD ROAD?

24 BIRCHWOOD ROAD is 89m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 30% of terraced houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wolverhampton, and where 24 BIRCHWOOD ROAD lies on this distribution: 28% of terraced houses houses are smaller than 24 BIRCHWOOD ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

24 BIRCHWOOD ROAD: Plot and Title Map

24 BIRCHWOOD ROAD sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 24 BIRCHWOOD 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 24 BIRCHWOOD 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 24 BIRCHWOOD ROAD?

24 BIRCHWOOD ROAD is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 24 on BIRCHWOOD ROAD.