2, THE PINES, WOLVERHAMPTON, WV3 9HD - £199,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 THE PINES is a very small extended detached house of 63m², built sometime between 1950 and 1966. It was last sold for £199,000 in January 2019, which was around 18% below the average January 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

2 THE PINES Sold Prices

Land registry data shows two sales for 2 THE PINES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 2 THE PINES 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
2019 11 JAN	£199,000	£242,209	18% below HPI
1998 4 DEC	£67,000	£77,275	13% below HPI

2 THE PINES 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 two 2 THE PINES sales from December 1998 and January 2019 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 December 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 THE PINES?

2 THE PINES is 63m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 2 THE PINES lies on this distribution: 5% of detached houses are smaller than 2 THE PINES, and 95% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

2 THE PINES: Plot and Title Map

2 THE PINES sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 2 THE PINES, 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 THE PINES). 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 THE PINES?

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