3A, CHEVIOT ROAD, WOLVERHAMPTON, WV2 2HB - £57,500

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.

3A CHEVIOT ROAD is a small flat of 48m², built sometime between 1950 and 1966, which could now be worth an estimated £75,600. It was last sold for £57,500 in March 2019, which was around 33% below the average March 2019 flat price in the Wolverhampton local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was C.

3A CHEVIOT ROAD Sold Prices

Land registry data shows one sale for 3A CHEVIOT ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2019 29 MAR	£57,500	£85,561	33% below HPI

What might 3A CHEVIOT ROAD be worth now?

3A CHEVIOT ROAD might now be worth an estimated £75,600.

This is based on house price inflation of 31.5%, between March 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 3A CHEVIOT ROAD of £57,500 on 29th March 2019. For the value to have increased from £57,500 to £75,600 over the six years and eleven months to April 2026, the following assumptions must hold true:

• The value of 3A CHEVIOT ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The March 2019 sale price of £57,500 represented a fair market value for the property.
• The size, condition, and specification of 3A CHEVIOT ROAD has not materially changed since March 2019.

How Large is 3A CHEVIOT ROAD?

3A CHEVIOT ROAD is 48m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 30% of flats in Wolverhampton, based on EPC data. 25% of flats are smaller than 3A CHEVIOT ROAD, and 73% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

3A CHEVIOT ROAD: Plot

3A CHEVIOT ROAD sits on a plot of roughly 6.0 acres, or 24,260m².

Where is 3A CHEVIOT ROAD?

3A CHEVIOT ROAD is located in WOLVERHAMPTON, in the WV2 postcode district.