2, CHORLEY GARDENS, BILSTON, WV14 0UA - £342,500

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.

2 CHORLEY GARDENS is a large detached house of 117m², built sometime between 1991 and 1995, which could now be worth an estimated £419,208. It was last sold for £342,500 in August 2021, which was around 26% above the average August 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

2 CHORLEY GARDENS Sold Prices

Land registry data shows three sales for 2 CHORLEY GARDENS 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 2 CHORLEY GARDENS sales were 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 2 AUG	£342,500	£272,551	26% above HPI
2001 25 APR	£130,000	£91,103	43% above HPI
1997 19 DEC	£100,000	£72,976	37% above HPI

2 CHORLEY GARDENS 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 2 CHORLEY GARDENS sales between December 1997 and August 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 April 2001 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the August 2021 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 2 CHORLEY GARDENS be worth now?

2 CHORLEY GARDENS might now be worth an estimated £419,208.

This is based on house price inflation of 22.4%, between August 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 22.4% inflationary increase is applied to the most recent sale price for 2 CHORLEY GARDENS of £342,500 on 2nd August 2021. For the value to have increased from £342,500 to £419,208 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 2 CHORLEY GARDENS has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The August 2021 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CHORLEY GARDENS has not materially changed since August 2021.

How Large is 2 CHORLEY GARDENS?

2 CHORLEY GARDENS is 117m² according to the EPC inspection conducted in December 2020. This puts it in the largest 20% of detached houses houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilston, and where 2 CHORLEY GARDENS lies on this distribution: 80% of detached houses houses are smaller than 2 CHORLEY GARDENS, and 20% of houses are larger. Note that EPC data is not available for all properties in Bilston.

2 CHORLEY GARDENS: Plot and Title Map

2 CHORLEY GARDENS sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 2 CHORLEY GARDENS, 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 2 CHORLEY GARDENS). 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 2 CHORLEY GARDENS?

2 CHORLEY GARDENS is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 2 on CHORLEY GARDENS.