55, NEWBRIDGE STREET, WOLVERHAMPTON, WV6 0EQ - £122,500

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.

55 NEWBRIDGE STREET is a very small semi-detached house of 81m², built sometime between 1930 and 1949, which could now be worth an estimated £223,486. It was last sold for £122,500 in May 2015, which was about the average May 2015 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was D.

55 NEWBRIDGE STREET Sold Prices

Land registry data shows four sales for 55 NEWBRIDGE STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. The four 55 NEWBRIDGE STREET sales were a mix of roughly equal to the average price, above the average price, and 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
2015 18 MAY	£122,500	£122,252	Close to HPI
2007 11 JAN	£124,950	£130,733	4% below HPI
2005 24 MAR	£114,950	£113,845	1% above HPI
1996 31 JAN	£29,000	£40,440	28% below HPI

55 NEWBRIDGE STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The four 55 NEWBRIDGE STREET sales between January 1996 and May 2015 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 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 55 NEWBRIDGE STREET be worth now?

55 NEWBRIDGE STREET might now be worth an estimated £223,486.

This is based on house price inflation of 82.4%, between May 2015 and February 2025, for semi-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 82.4% inflationary increase is applied to the most recent sale price for 55 NEWBRIDGE STREET of £122,500 on 18th May 2015. For the value to have increased from £122,500 to £223,486 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 55 NEWBRIDGE STREET has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The May 2015 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 55 NEWBRIDGE STREET has not materially changed since May 2015.

How Large is 55 NEWBRIDGE STREET?

55 NEWBRIDGE STREET is 81m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 20% of semi-detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wolverhampton, and where 55 NEWBRIDGE STREET lies on this distribution: 19% of semi-detached houses houses are smaller than 55 NEWBRIDGE STREET, and 81% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

55 NEWBRIDGE STREET: Plot and Title Map

55 NEWBRIDGE STREET sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 55 NEWBRIDGE 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 55 NEWBRIDGE 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 55 NEWBRIDGE STREET?

55 NEWBRIDGE STREET is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 55 on NEWBRIDGE STREET.