118, BHYLLS LANE, WOLVERHAMPTON, WV3 8DZ - £262,500

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.

118 BHYLLS LANE is a midsized extended detached house of 106m², built sometime between 1900 and 1929, which could now be worth an estimated £315,535. It was last sold for £262,500 in October 2021, which was around 5% below the average October 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was C.

118 BHYLLS LANE Sold Prices

Land registry data shows three sales for 118 BHYLLS LANE 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. Two of the three 118 BHYLLS LANE sales were for below the average price, whilst one was for above 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
2021 18 OCT	£262,500	£277,523	5% below HPI
2002 8 MAR	£110,000	£107,568	2% above HPI
2000 24 MAR	£75,000	£84,275	11% below HPI

118 BHYLLS LANE 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 118 BHYLLS LANE sales between March 2000 and October 2021 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 March 2002 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 118 BHYLLS LANE be worth now?

118 BHYLLS LANE might now be worth an estimated £315,535.

This is based on house price inflation of 20.2%, between October 2021 and February 2025, 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 20.2% inflationary increase is applied to the most recent sale price for 118 BHYLLS LANE of £262,500 on 18th October 2021. For the value to have increased from £262,500 to £315,535 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 118 BHYLLS LANE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The October 2021 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 118 BHYLLS LANE has not materially changed since October 2021.

How Large is 118 BHYLLS LANE?

118 BHYLLS LANE is 106m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 118 BHYLLS LANE lies on this distribution: 48% of detached houses houses are smaller than 118 BHYLLS LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

118 BHYLLS LANE: Plot and Title Map

118 BHYLLS LANE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 118 BHYLLS LANE, 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 118 BHYLLS LANE). 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 118 BHYLLS LANE?

118 BHYLLS LANE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 118 on BHYLLS LANE.