8, BEECHURST GARDENS, ALBRIGHTON, WOLVERHAMPTON, WV7 3LT - £117,000

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.

8 BEECHURST GARDENS is a very small terraced house of 48m², built sometime between 2003 and 2006, which could now be worth an estimated £190,750. It was last sold for £117,000 in November 2012, which was around 9% below the average November 2012 terraced price in the Shropshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

8 BEECHURST GARDENS Sold Prices

Land registry data shows three sales for 8 BEECHURST GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Shropshire local authority area for the corresponding sale date. Two of the three 8 BEECHURST GARDENS sales were for below the average price, whilst one was 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
2012 30 NOV	£117,000	£128,432	9% below HPI
2008 31 JUL	£125,000	£137,837	9% below HPI
1996 17 MAY	£57,000	£39,015	46% above HPI

8 BEECHURST GARDENS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Shropshire local authority area over time, sourced from the HPI. The three 8 BEECHURST GARDENS sales between May 1996 and November 2012 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 July 2008 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2012 sale, which was also at 9% below the HPI.

What might 8 BEECHURST GARDENS be worth now?

8 BEECHURST GARDENS might now be worth an estimated £190,750.

This is based on house price inflation of 63%, between November 2012 and May 2026, for terraced houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63% inflationary increase is applied to the most recent sale price for 8 BEECHURST GARDENS of £117,000 on 30th November 2012. For the value to have increased from £117,000 to £190,750 over the fourteen years and six months to May 2026, the following assumptions must hold true:

• The value of 8 BEECHURST GARDENS has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The November 2012 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BEECHURST GARDENS has not materially changed since November 2012.

How Large is 8 BEECHURST GARDENS?

8 BEECHURST GARDENS is 48m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of terraced houses houses in Albrighton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Albrighton, and where 8 BEECHURST GARDENS lies on this distribution: 1% of terraced houses houses are smaller than 8 BEECHURST GARDENS, and 99% of houses are larger. Note that EPC data is not available for all properties in Albrighton.

8 BEECHURST GARDENS: Plot and Title Map

8 BEECHURST GARDENS sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 8 BEECHURST GARDENS, 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 8 BEECHURST GARDENS). 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 8 BEECHURST GARDENS?

8 BEECHURST GARDENS is located in ALBRIGHTON, in the WV7 postcode district. The below map shows the position of No. 8 on BEECHURST GARDENS.