42, FAIRVIEW ROAD, WEDNESFIELD, WOLVERHAMPTON, WV11 1BT - £230,000

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.

42 FAIRVIEW ROAD is a small terraced house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £260,299. It was last sold for £230,000 in February 2022, which was around 52% above the average February 2022 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

42 FAIRVIEW ROAD Sold Prices

Land registry data shows three sales for 42 FAIRVIEW 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. All of the three 42 FAIRVIEW 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
2022 2 FEB	£230,000	£151,113	52% above HPI
2017 10 NOV	£135,000	£115,843	17% above HPI
1999 12 OCT	£45,000	£38,334	17% above HPI

42 FAIRVIEW 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 42 FAIRVIEW ROAD sales between October 1999 and February 2022 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 2017 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2022 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 42 FAIRVIEW ROAD be worth now?

42 FAIRVIEW ROAD might now be worth an estimated £260,299.

This is based on house price inflation of 13.2%, between February 2022 and June 2025, 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 13.2% inflationary increase is applied to the most recent sale price for 42 FAIRVIEW ROAD of £230,000 on 2nd February 2022. For the value to have increased from £230,000 to £260,299 over the two years and eight months to June 2025, the following assumptions must hold true:

• The value of 42 FAIRVIEW ROAD has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The February 2022 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 42 FAIRVIEW ROAD has not materially changed since February 2022.

How Large is 42 FAIRVIEW ROAD?

42 FAIRVIEW ROAD is 85m² according to the EPC inspection conducted in February 2017. 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 42 FAIRVIEW ROAD lies on this distribution: 24% of terraced houses houses are smaller than 42 FAIRVIEW ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

42 FAIRVIEW ROAD: Plot and Title Map

42 FAIRVIEW ROAD sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 42 FAIRVIEW 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 42 FAIRVIEW 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 42 FAIRVIEW ROAD?

42 FAIRVIEW ROAD is located in WEDNESFIELD, in the WV11 postcode district. The below map shows the position of No. 42 on FAIRVIEW ROAD.