11, NEW STREET, MERRY HILL, WOLVERHAMPTON, WV3 7NW - £134,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 NEW STREET is a very small semi-detached house of 78m², built sometime between 1900 and 1929. It was last sold for £134,000 in October 2015, which was around 32% below the average October 2015 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was D.

11 NEW STREET Sold Prices

Land registry data shows three sales for 11 NEW STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 11 NEW STREET 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
2015 23 OCT	£134,000	£198,238	32% below HPI
2011 11 NOV	£137,000	£184,363	26% below HPI
2000 26 MAY	£37,950	£88,227	57% below HPI

11 NEW STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 11 NEW STREET sales between May 2000 and October 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2015 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 11 NEW STREET?

11 NEW STREET is 78m² according to the EPC inspection conducted in August 2010. 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 11 NEW STREET lies on this distribution: 16% of detached houses are smaller than 11 NEW STREET, and 84% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

11 NEW STREET: Plot and Title Map

11 NEW STREET sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 11 NEW STREET, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 11 NEW STREET). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 11 NEW STREET?

11 NEW STREET is located in MERRY HILL, in the WV3 postcode district. The below map shows the position of No. 11 on NEW STREET.