227, LICHFIELD ROAD, WOLVERHAMPTON, WV11 3EW - £80,000

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.

227 LICHFIELD ROAD is a large flat of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £107,895. It was last sold for £80,000 in October 2017, which was around 4% below the average October 2017 flat price in the Wolverhampton local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

227 LICHFIELD ROAD Sold Prices

Land registry data shows two sales for 227 LICHFIELD 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 227 LICHFIELD ROAD sales were for below 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 24 OCT	£80,000	£83,410	4% below HPI
2016 18 MAR	£55,000	£73,827	26% below HPI

What might 227 LICHFIELD ROAD be worth now?

227 LICHFIELD ROAD might now be worth an estimated £107,895.

This is based on house price inflation of 34.9%, between October 2017 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 34.9% inflationary increase is applied to the most recent sale price for 227 LICHFIELD ROAD of £80,000 on 24th October 2017. For the value to have increased from £80,000 to £107,895 over the nine years and six months to April 2026, the following assumptions must hold true:

• The value of 227 LICHFIELD ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The October 2017 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 227 LICHFIELD ROAD has not materially changed since October 2017.

How Large is 227 LICHFIELD ROAD?

227 LICHFIELD ROAD is 64m² according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of flats in Wolverhampton, based on EPC data. 69% of flats are smaller than 227 LICHFIELD ROAD, and 28% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

227 LICHFIELD ROAD: Plot

227 LICHFIELD ROAD sits on a plot of roughly 2.3 acres, or 9,404m².

Where is 227 LICHFIELD ROAD?

227 LICHFIELD ROAD is located in WOLVERHAMPTON, in the WV11 postcode district.