2, COALWAY GARDENS, WOLVERHAMPTON, WV3 7NL - £265,000

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.

2 COALWAY GARDENS is a very small detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £282,732. It was last sold for £265,000 in June 2022, which was around 12% below the average June 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

2 COALWAY GARDENS Sold Prices

Land registry data shows four sales for 2 COALWAY GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. two of the four 2 COALWAY GARDENS sales were for below the average price, and four 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
2022 10 JUN	£265,000	£300,102	12% below HPI
2009 3 APR	£185,000	£174,707	6% above HPI
2005 11 AUG	£167,950	£183,825	9% below HPI
1996 15 MAR	£75,950	£65,860	15% above HPI

2 COALWAY 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 four 2 COALWAY GARDENS sales between March 1996 and June 2022 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 2009 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 2 COALWAY GARDENS be worth now?

2 COALWAY GARDENS might now be worth an estimated £282,732.

This is based on house price inflation of 6.7%, between June 2022 and June 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 6.7% inflationary increase is applied to the most recent sale price for 2 COALWAY GARDENS of £265,000 on 10th June 2022. For the value to have increased from £265,000 to £282,732 over the three years to June 2025, the following assumptions must hold true:

• The value of 2 COALWAY GARDENS has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The June 2022 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COALWAY GARDENS has not materially changed since June 2022.

How Large is 2 COALWAY GARDENS?

2 COALWAY GARDENS is 65m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% 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 2 COALWAY GARDENS lies on this distribution: 5% of detached houses houses are smaller than 2 COALWAY GARDENS, and 94% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

2 COALWAY GARDENS: Plot and Title Map

2 COALWAY GARDENS sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 2 COALWAY 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 COALWAY 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 COALWAY GARDENS?

2 COALWAY GARDENS is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 2 on COALWAY GARDENS.