53, BAILEY ROAD, BILSTON, WV14 6RZ - £155,000

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

53 BAILEY ROAD is a very small extended detached house of 70m², built sometime between 1930 and 1949. It was last sold for £155,000 in February 2023, which was around 53% below the average February 2023 detached price in the Wolverhampton local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

53 BAILEY ROAD Sold Prices

Land registry data shows three sales for 53 BAILEY ROAD 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 53 BAILEY ROAD 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 10 FEB	£155,000	£328,883	53% below HPI
2023 11 JAN	£139,000	£329,060	58% below HPI
2022 4 FEB	£107,000	£295,078	64% below HPI

53 BAILEY ROAD 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 53 BAILEY ROAD sales between February 2022 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 January 2023 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the February 2023 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 53 BAILEY ROAD?

53 BAILEY ROAD is 70m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses by size in Bilston, and where 53 BAILEY ROAD lies on this distribution: 5% of detached houses are smaller than 53 BAILEY ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Bilston.

53 BAILEY ROAD: Plot and Title Map

53 BAILEY ROAD sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 53 BAILEY ROAD, 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 53 BAILEY ROAD). 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 53 BAILEY ROAD?

53 BAILEY ROAD is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 53 on BAILEY ROAD.