8, MARCHANT ROAD, WOLVERHAMPTON, WV3 9QG - £285,500

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 MARCHANT ROAD is a very large extended semi-detached house of 196m², built sometime before 1900, which could now be worth an estimated £483,648. It was last sold for £285,500 in March 2017, which was around 109% above the average March 2017 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

8 MARCHANT ROAD Sold Prices

Land registry data shows one sale for 8 MARCHANT ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 3 MAR	£285,500	£136,524	109% above HPI

What might 8 MARCHANT ROAD be worth now?

8 MARCHANT ROAD might now be worth an estimated £483,648.

This is based on house price inflation of 69.4%, between March 2017 and May 2026, for semi-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 69.4% inflationary increase is applied to the most recent sale price for 8 MARCHANT ROAD of £285,500 on 3rd March 2017. For the value to have increased from £285,500 to £483,648 over the eight years and ten months to May 2026, the following assumptions must hold true:

• The value of 8 MARCHANT ROAD has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The March 2017 sale price of £285,500 represented a fair market value for the property.
• The size, condition, and specification of 8 MARCHANT ROAD has not materially changed since March 2017.

How Large is 8 MARCHANT ROAD?

8 MARCHANT ROAD is 196m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 10% of semi-detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Wolverhampton, and where 8 MARCHANT ROAD lies on this distribution: 99% of semi-detached houses are smaller than 8 MARCHANT ROAD, and 1% of semi-detached houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

8 MARCHANT ROAD: Plot

8 MARCHANT ROAD sits on a plot of roughly 0.082 of an acre, or 330m².

Where is 8 MARCHANT ROAD?

8 MARCHANT ROAD is located in WOLVERHAMPTON, in the WV3 postcode district.