115, TANGMERE ROAD, WOLVERHAMPTON, WV2 2PF - £134,000

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.

115 TANGMERE ROAD is a very small terraced house of 50m², which could now be worth an estimated £159,383. It was last sold for £134,000 in June 2021, which was around 7% below the average June 2021 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was A.

115 TANGMERE ROAD Sold Prices

Land registry data shows two sales for 115 TANGMERE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. One of the two 115 TANGMERE ROAD sales was for below the average price, whilst the other was roughly equal to 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
2021 3 JUN	£134,000	£143,784	7% below HPI
2020 29 MAY	£124,950	£124,820	Close to HPI

115 TANGMERE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 115 TANGMERE ROAD sales from May 2020 and June 2021 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 2020 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 115 TANGMERE ROAD be worth now?

115 TANGMERE ROAD might now be worth an estimated £159,383.

This is based on house price inflation of 18.9%, between June 2021 and June 2025, for terraced 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 18.9% inflationary increase is applied to the most recent sale price for 115 TANGMERE ROAD of £134,000 on 3rd June 2021. For the value to have increased from £134,000 to £159,383 over the four years to June 2025, the following assumptions must hold true:

• The value of 115 TANGMERE ROAD has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The June 2021 sale price of £134,000 represented a fair market value for the property.
• The size, condition, and specification of 115 TANGMERE ROAD has not materially changed since June 2021.

How Large is 115 TANGMERE ROAD?

115 TANGMERE ROAD is 50m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of terraced houses houses in Bilston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bilston, and where 115 TANGMERE ROAD lies on this distribution: 1% of terraced houses houses are smaller than 115 TANGMERE ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Bilston.

115 TANGMERE ROAD: Plot and Title Map

115 TANGMERE ROAD sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 115 TANGMERE 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 115 TANGMERE 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 115 TANGMERE ROAD?

115 TANGMERE ROAD is located in WOLVERHAMPTON, in the WV2 postcode district. The below map shows the position of No. 115 on TANGMERE ROAD.