118, WOLVERHAMPTON STREET, BILSTON, WV14 0LZ - £115,000

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.

118 WOLVERHAMPTON STREET is a very small terraced house of 67m², built sometime between 1930 and 1949, which could now be worth an estimated £143,334. It was last sold for £115,000 in May 2021, which was around 18% below the average May 2021 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

118 WOLVERHAMPTON STREET Sold Prices

Land registry data shows two sales for 118 WOLVERHAMPTON STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 118 WOLVERHAMPTON 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
2021 14 MAY	£115,000	£140,543	18% below HPI
2009 8 JUL	£81,000	£94,805	15% below HPI

118 WOLVERHAMPTON STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 118 WOLVERHAMPTON STREET sales from July 2009 and May 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 July 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 118 WOLVERHAMPTON STREET be worth now?

118 WOLVERHAMPTON STREET might now be worth an estimated £143,334.

This is based on house price inflation of 24.6%, between May 2021 and July 2025, for terraced 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 24.6% inflationary increase is applied to the most recent sale price for 118 WOLVERHAMPTON STREET of £115,000 on 14th May 2021. For the value to have increased from £115,000 to £143,334 over the three years and ten months to July 2025, the following assumptions must hold true:

• The value of 118 WOLVERHAMPTON STREET has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The May 2021 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 118 WOLVERHAMPTON STREET has not materially changed since May 2021.

How Large is 118 WOLVERHAMPTON STREET?

118 WOLVERHAMPTON STREET is 67m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% of terraced houses houses in Bilston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bilston, and where 118 WOLVERHAMPTON STREET lies on this distribution: 4% of terraced houses houses are smaller than 118 WOLVERHAMPTON STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Bilston.

118 WOLVERHAMPTON STREET: Plot and Title Map

118 WOLVERHAMPTON STREET sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 118 WOLVERHAMPTON 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 118 WOLVERHAMPTON 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 118 WOLVERHAMPTON STREET?

118 WOLVERHAMPTON STREET is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 118 on WOLVERHAMPTON STREET.