5, SAFFRON GARDENS, WOLVERHAMPTON, WV4 5SJ - £175,000

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 SAFFRON GARDENS is a very small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £320,327. It was last sold for £175,000 in May 2015, which was around 7% below the average May 2015 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

5 SAFFRON GARDENS Sold Prices

Land registry data shows one sale for 5 SAFFRON GARDENS 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
2015 29 MAY	£175,000	£187,835	7% below HPI

What might 5 SAFFRON GARDENS be worth now?

5 SAFFRON GARDENS might now be worth an estimated £320,327.

This is based on house price inflation of 83%, between May 2015 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 83% inflationary increase is applied to the most recent sale price for 5 SAFFRON GARDENS of £175,000 on 29th May 2015. For the value to have increased from £175,000 to £320,327 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 5 SAFFRON GARDENS has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The May 2015 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SAFFRON GARDENS has not materially changed since May 2015.

How Large is 5 SAFFRON GARDENS?

5 SAFFRON GARDENS is 77m² according to the EPC inspection conducted in April 2014. 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 5 SAFFRON GARDENS lies on this distribution: 15% of detached houses are smaller than 5 SAFFRON GARDENS, and 84% of detached houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

5 SAFFRON GARDENS: Plot

5 SAFFRON GARDENS sits on a plot of roughly 0.049 of an acre, or 199m².

Where is 5 SAFFRON GARDENS?

5 SAFFRON GARDENS is located in WOLVERHAMPTON, in the WV4 postcode district.