23, REANSWAY SQUARE, WOLVERHAMPTON, WV6 0EX - £43,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 REANSWAY SQUARE is a very small semi-detached house of 56m², built sometime between 1950 and 1966, which could now be worth an estimated £174,686. It was last sold for £43,000 in February 2001, which was around 20% below the average February 2001 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

23 REANSWAY SQUARE Sold Prices

Land registry data shows two sales for 23 REANSWAY SQUARE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 23 REANSWAY SQUARE 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
2001 26 FEB	£43,000	£53,661	20% below HPI
1997 31 JUL	£31,000	£44,068	30% below HPI

23 REANSWAY SQUARE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 23 REANSWAY SQUARE sales from July 1997 and February 2001 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 1997 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2001 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 23 REANSWAY SQUARE be worth now?

23 REANSWAY SQUARE might now be worth an estimated £174,686.

This is based on house price inflation of 306.2%, between February 2001 and December 2024, for semi-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 306.2% inflationary increase is applied to the most recent sale price for 23 REANSWAY SQUARE of £43,000 on 26th February 2001. For the value to have increased from £43,000 to £174,686 over the 22 years and two months to December 2024, the following assumptions must hold true:

• The value of 23 REANSWAY SQUARE has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The February 2001 sale price of £43,000 represented a fair market value for the property.
• The size, condition, and specification of 23 REANSWAY SQUARE has not materially changed since February 2001.

How Large is 23 REANSWAY SQUARE?

23 REANSWAY SQUARE is 56m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of semi-detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wolverhampton, and where 23 REANSWAY SQUARE lies on this distribution: 2% of semi-detached houses houses are smaller than 23 REANSWAY SQUARE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

23 REANSWAY SQUARE: Plot and Title Map

23 REANSWAY SQUARE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 23 REANSWAY SQUARE, 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 23 REANSWAY SQUARE). 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 23 REANSWAY SQUARE?

23 REANSWAY SQUARE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 23 on REANSWAY SQUARE.