31, REANSWAY SQUARE, WOLVERHAMPTON, WV6 0EX - £154,000

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

31 REANSWAY SQUARE is a very small extended detached house of 81m², built sometime between 1950 and 1966. It was last sold for £154,000 in June 2021, which was around 44% below the average June 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

31 REANSWAY SQUARE Sold Prices

Land registry data shows three sales for 31 REANSWAY SQUARE 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 31 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
2021 30 JUN	£154,000	£274,355	44% below HPI
2008 6 JUN	£118,000	£207,897	43% below HPI
1997 2 JUL	£50,000	£73,687	32% below HPI

31 REANSWAY SQUARE 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 31 REANSWAY SQUARE sales between July 1997 and June 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 June 2008 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 31 REANSWAY SQUARE?

31 REANSWAY SQUARE is 81m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 31 REANSWAY SQUARE lies on this distribution: 19% of detached houses are smaller than 31 REANSWAY SQUARE, and 80% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

31 REANSWAY SQUARE: Plot and Title Map

31 REANSWAY SQUARE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 31 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 31 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 31 REANSWAY SQUARE?

31 REANSWAY SQUARE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 31 on REANSWAY SQUARE.