118, CORNWALL ROAD, WOLVERHAMPTON, WV6 8UZ - £195,000

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.

118 CORNWALL ROAD is a very small semi-detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £241,698. It was last sold for £195,000 in December 2021, which was around 8% above the average December 2021 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

118 CORNWALL ROAD Sold Prices

Land registry data shows three sales for 118 CORNWALL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. The three 118 CORNWALL ROAD sales were a mix of above the average price, and 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 10 DEC	£195,000	£179,942	8% above HPI
2016 30 SEP	£138,000	£138,584	Close to HPI
2009 26 JUN	£115,000	£114,102	1% above HPI

118 CORNWALL ROAD 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 three 118 CORNWALL ROAD sales between June 2009 and December 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 September 2016 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 118 CORNWALL ROAD be worth now?

118 CORNWALL ROAD might now be worth an estimated £241,698.

This is based on house price inflation of 23.9%, between December 2021 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 23.9% inflationary increase is applied to the most recent sale price for 118 CORNWALL ROAD of £195,000 on 10th December 2021. For the value to have increased from £195,000 to £241,698 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 118 CORNWALL ROAD has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The December 2021 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 118 CORNWALL ROAD has not materially changed since December 2021.

How Large is 118 CORNWALL ROAD?

118 CORNWALL ROAD is 72m² according to the EPC inspection conducted in September 2021. 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 118 CORNWALL ROAD lies on this distribution: 10% of semi-detached houses houses are smaller than 118 CORNWALL ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

118 CORNWALL ROAD: Plot and Title Map

118 CORNWALL ROAD sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 118 CORNWALL 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 118 CORNWALL 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 118 CORNWALL ROAD?

118 CORNWALL ROAD is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 118 on CORNWALL ROAD.