5, LAUREL GROVE, WOLVERHAMPTON, WV3 7HJ - £300,000

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.

5 LAUREL GROVE is a small detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £324,798. It was last sold for £300,000 in November 2022, which was around 6% below the average November 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

5 LAUREL GROVE Sold Prices

Land registry data shows one sale for 5 LAUREL GROVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2022 17 NOV	£300,000	£317,571	6% below HPI

What might 5 LAUREL GROVE be worth now?

5 LAUREL GROVE might now be worth an estimated £324,798.

This is based on house price inflation of 8.3%, between November 2022 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 8.3% inflationary increase is applied to the most recent sale price for 5 LAUREL GROVE of £300,000 on 17th November 2022. For the value to have increased from £300,000 to £324,798 over the four years and six months to May 2026, the following assumptions must hold true:

• The value of 5 LAUREL GROVE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The November 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LAUREL GROVE has not materially changed since November 2022.

How Large is 5 LAUREL GROVE?

5 LAUREL GROVE is 90m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 5 LAUREL GROVE lies on this distribution: 29% of detached houses are smaller than 5 LAUREL GROVE, and 69% of detached houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

5 LAUREL GROVE: Plot

5 LAUREL GROVE sits on a plot of roughly 0.118 of an acre, or 476m².

Where is 5 LAUREL GROVE?

5 LAUREL GROVE is located in WOLVERHAMPTON, in the WV3 postcode district.