40, REYNOLDS GROVE, WOLVERHAMPTON, WV6 7NY - £284,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 REYNOLDS GROVE is a large extended detached house of 110m², built sometime between 1976 and 1982. It was last sold for £284,000 in February 2023, which was around 31% below the average February 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

40 REYNOLDS GROVE Sold Prices

Land registry data shows three sales for 40 REYNOLDS GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 40 REYNOLDS GROVE 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 24 FEB	£284,000	£411,087	31% below HPI
2005 19 SEP	£190,000	£240,973	21% below HPI
1996 12 JUL	£72,800	£90,530	20% below HPI

40 REYNOLDS GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 40 REYNOLDS GROVE sales between July 1996 and February 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 September 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 40 REYNOLDS GROVE?

40 REYNOLDS GROVE is 110m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 40% of detached houses in Perton, based on EPC data. The below chart shows the distribution of detached houses by size in Perton, and where 40 REYNOLDS GROVE lies on this distribution: 67% of detached houses are smaller than 40 REYNOLDS GROVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Perton.

40 REYNOLDS GROVE: Plot and Title Map

40 REYNOLDS GROVE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 40 REYNOLDS GROVE, 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 REYNOLDS GROVE). 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 REYNOLDS GROVE?

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