38B, ALEXANDRA ROAD, WOLVERHAMPTON, WV4 5UA - £172,000

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.

38B ALEXANDRA ROAD is a very small extended detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £251,888. It was last sold for £172,000 in August 2018, which was around 27% below the average August 2018 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

38B ALEXANDRA ROAD Sold Prices

Land registry data shows six sales for 38B ALEXANDRA ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the six 38B ALEXANDRA 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
2018 31 AUG	£172,000	£234,776	27% below HPI
2017 6 DEC	£135,000	£223,366	40% below HPI
2017 27 OCT	£140,000	£222,345	37% below HPI
2017 27 OCT	£140,000	£222,345	37% below HPI
2003 21 AUG	£125,000	£145,950	14% below HPI
1995 20 JAN	£50,000	£65,883	24% below HPI

What might 38B ALEXANDRA ROAD be worth now?

38B ALEXANDRA ROAD might now be worth an estimated £251,888.

This is based on house price inflation of 46.4%, between August 2018 and May 2026, for 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 46.4% inflationary increase is applied to the most recent sale price for 38B ALEXANDRA ROAD of £172,000 on 31st August 2018. For the value to have increased from £172,000 to £251,888 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 38B ALEXANDRA ROAD has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The August 2018 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 38B ALEXANDRA ROAD has not materially changed since August 2018.

How Large is 38B ALEXANDRA ROAD?

38B ALEXANDRA ROAD is 77m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 38B ALEXANDRA ROAD lies on this distribution: 15% of detached houses are smaller than 38B ALEXANDRA ROAD, and 84% of detached houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

38B ALEXANDRA ROAD: Plot

38B ALEXANDRA ROAD sits on a plot of roughly 0.063 of an acre, or 254m².

Where is 38B ALEXANDRA ROAD?

38B ALEXANDRA ROAD is located in WOLVERHAMPTON, in the WV4 postcode district.