3, RILEY CRESCENT, WOLVERHAMPTON, WV3 7DR - £225,000

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.

3 RILEY CRESCENT is a small extended detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £311,017. It was last sold for £225,000 in August 2019, which was around 7% below the average August 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.

3 RILEY CRESCENT Sold Prices

Land registry data shows three sales for 3 RILEY CRESCENT 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 3 RILEY CRESCENT 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 27 AUG	£225,000	£241,332	7% below HPI
2007 28 NOV	£193,000	£208,560	7% below HPI
2002 25 MAR	£88,000	£107,568	18% below HPI

3 RILEY CRESCENT 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 3 RILEY CRESCENT sales between March 2002 and August 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 November 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2019 sale, which was also at 7% below the HPI.

What might 3 RILEY CRESCENT be worth now?

3 RILEY CRESCENT might now be worth an estimated £311,017.

This is based on house price inflation of 38.2%, between August 2019 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 38.2% inflationary increase is applied to the most recent sale price for 3 RILEY CRESCENT of £225,000 on 27th August 2019. For the value to have increased from £225,000 to £311,017 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 3 RILEY CRESCENT has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The August 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RILEY CRESCENT has not materially changed since August 2019.

How Large is 3 RILEY CRESCENT?

3 RILEY CRESCENT is 92m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% 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 3 RILEY CRESCENT lies on this distribution: 32% of detached houses houses are smaller than 3 RILEY CRESCENT, and 67% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

3 RILEY CRESCENT: Plot and Title Map

3 RILEY CRESCENT sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 3 RILEY CRESCENT, 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 3 RILEY CRESCENT). 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 3 RILEY CRESCENT?

3 RILEY CRESCENT is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 3 on RILEY CRESCENT.