40, KING STREET, BRADLEY, BILSTON, WV14 8PQ - £154,500

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.

40 KING STREET is a very large extended detached house of 124m², built sometime between 1900 and 1929, which could now be worth an estimated £167,354. It was last sold for £154,500 in June 2023, which was around 50% below the average June 2023 detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

40 KING STREET Sold Prices

Land registry data shows five sales for 40 KING STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the five 40 KING STREET 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
2023 15 JUN	£154,500	£307,970	50% below HPI
2021 14 MAY	£190,000	£262,791	28% below HPI
2020 11 NOV	£100,000	£258,781	61% below HPI
2001 23 NOV	£50,000	£101,035	51% below HPI
1999 18 JUN	£17,500	£77,396	77% below HPI

40 KING STREET 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 five 40 KING STREET sales between June 1999 and June 2023 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 May 2021 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2023 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 40 KING STREET be worth now?

40 KING STREET might now be worth an estimated £167,354.

This is based on house price inflation of 8.3%, between June 2023 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 8.3% inflationary increase is applied to the most recent sale price for 40 KING STREET of £154,500 on 15th June 2023. For the value to have increased from £154,500 to £167,354 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 40 KING STREET has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The June 2023 sale price of £154,500 represented a fair market value for the property.
• The size, condition, and specification of 40 KING STREET has not materially changed since June 2023.

How Large is 40 KING STREET?

40 KING STREET is 124m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilston, and where 40 KING STREET lies on this distribution: 86% of detached houses houses are smaller than 40 KING STREET, and 13% of houses are larger. Note that EPC data is not available for all properties in Bilston.

40 KING STREET: Plot and Title Map

40 KING STREET sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 40 KING STREET, 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 40 KING STREET). 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 40 KING STREET?

40 KING STREET is located in BRADLEY, in the WV14 postcode district. The below map shows the position of No. 40 on KING STREET.