7, FARMBROOK AVENUE, WOLVERHAMPTON, WV10 6NE - £170,000

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.

7 FARMBROOK AVENUE is a small terraced house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £279,018. It was last sold for £170,000 in April 2017, which was around 51% above the average April 2017 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was September 2015, where the current energy rating was F, and the potential energy rating was C.

7 FARMBROOK AVENUE Sold Prices

Land registry data shows two sales for 7 FARMBROOK AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 7 FARMBROOK 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
2017 28 APR	£170,000	£112,902	51% above HPI
2016 14 MAR	£115,000	£104,048	11% above HPI

7 FARMBROOK AVENUE 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 two 7 FARMBROOK AVENUE sales from March 2016 and April 2017 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 March 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2017 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 7 FARMBROOK AVENUE be worth now?

7 FARMBROOK AVENUE might now be worth an estimated £279,018.

This is based on house price inflation of 64.1%, between April 2017 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 64.1% inflationary increase is applied to the most recent sale price for 7 FARMBROOK AVENUE of £170,000 on 28th April 2017. For the value to have increased from £170,000 to £279,018 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of 7 FARMBROOK AVENUE has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The April 2017 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FARMBROOK AVENUE has not materially changed since April 2017.

How Large is 7 FARMBROOK AVENUE?

7 FARMBROOK AVENUE is 86m² according to the EPC inspection conducted in September 2015. 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 7 FARMBROOK AVENUE lies on this distribution: 25% of terraced houses houses are smaller than 7 FARMBROOK AVENUE, and 74% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

7 FARMBROOK AVENUE: Plot and Title Map

7 FARMBROOK AVENUE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 7 FARMBROOK 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 7 FARMBROOK 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 7 FARMBROOK AVENUE?

7 FARMBROOK AVENUE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 7 on FARMBROOK AVENUE.