40, REANSWAY SQUARE, WOLVERHAMPTON, WV6 0EY - £130,000

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

40 REANSWAY SQUARE is a very small extended detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £176,307. It was last sold for £130,000 in May 2020, which was around 46% below the average May 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

40 REANSWAY SQUARE Sold Prices

Land registry data shows two sales for 40 REANSWAY SQUARE 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 40 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
2020 22 MAY	£130,000	£240,236	46% below HPI
1995 6 DEC	£38,000	£65,522	42% below HPI

40 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 two 40 REANSWAY SQUARE sales from December 1995 and May 2020 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 1995 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 40 REANSWAY SQUARE be worth now?

40 REANSWAY SQUARE might now be worth an estimated £176,307.

This is based on house price inflation of 35.6%, between May 2020 and December 2024, 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 35.6% inflationary increase is applied to the most recent sale price for 40 REANSWAY SQUARE of £130,000 on 22nd May 2020. For the value to have increased from £130,000 to £176,307 over the three years and five months to December 2024, the following assumptions must hold true:

• The value of 40 REANSWAY SQUARE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The May 2020 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 40 REANSWAY SQUARE has not materially changed since May 2020.

How Large is 40 REANSWAY SQUARE?

40 REANSWAY SQUARE is 67m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% 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 40 REANSWAY SQUARE lies on this distribution: 7% of detached houses houses are smaller than 40 REANSWAY SQUARE, and 92% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

40 REANSWAY SQUARE: Plot and Title Map

40 REANSWAY SQUARE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 40 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 40 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 40 REANSWAY SQUARE?

40 REANSWAY SQUARE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 40 on REANSWAY SQUARE.