115, MAYFIELD ROAD, WOLVERHAMPTON, WV1 2EZ - £96,000

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.

115 MAYFIELD ROAD is a small flat of 54m², built sometime from 2007 onwards, which could now be worth an estimated £126,225. It was last sold for £96,000 in April 2019, which was around 12% above the average April 2019 flat price in the Wolverhampton local authority area. The most recent EPC inspection was November 2013, where the current energy rating was B, and the potential energy rating was B.

115 MAYFIELD ROAD Sold Prices

Land registry data shows two sales for 115 MAYFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 115 MAYFIELD 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
2019 12 APR	£96,000	£85,557	12% above HPI
2007 29 JUN	£110,675	£87,748	26% above HPI

What might 115 MAYFIELD ROAD be worth now?

115 MAYFIELD ROAD might now be worth an estimated £126,225.

This is based on house price inflation of 31.5%, between April 2019 and April 2026, for flats, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.5% inflationary increase is applied to the most recent sale price for 115 MAYFIELD ROAD of £96,000 on 12th April 2019. For the value to have increased from £96,000 to £126,225 over the seven years to April 2026, the following assumptions must hold true:

• The value of 115 MAYFIELD ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The April 2019 sale price of £96,000 represented a fair market value for the property.
• The size, condition, and specification of 115 MAYFIELD ROAD has not materially changed since April 2019.

How Large is 115 MAYFIELD ROAD?

115 MAYFIELD ROAD is 54m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% of flats in Wolverhampton, based on EPC data. 40% of flats are smaller than 115 MAYFIELD ROAD, and 58% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

115 MAYFIELD ROAD: Plot

115 MAYFIELD ROAD sits on a plot of roughly 1.5 acres, or 6,159m².

Where is 115 MAYFIELD ROAD?

115 MAYFIELD ROAD is located in WOLVERHAMPTON, in the WV1 postcode district.