2, MASON STREET, WOLVERHAMPTON, WV2 3AG - £110,000

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.

2 MASON STREET is a very small extended terraced house of 73m², built sometime between 1900 and 1929, which could now be worth an estimated £125,996. It was last sold for £110,000 in May 2023, which was around 32% below the average May 2023 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

2 MASON STREET Sold Prices

Land registry data shows four sales for 2 MASON STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. All of the four 2 MASON STREET 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 31 MAY	£110,000	£161,256	32% below HPI
2004 6 OCT	£73,000	£90,244	19% below HPI
2002 30 JAN	£47,000	£48,597	3% below HPI
2000 4 DEC	£23,000	£41,375	44% below HPI

2 MASON STREET 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 four 2 MASON STREET sales between December 2000 and May 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 October 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 MASON STREET be worth now?

2 MASON STREET might now be worth an estimated £125,996.

This is based on house price inflation of 14.5%, between May 2023 and April 2026, 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 14.5% inflationary increase is applied to the most recent sale price for 2 MASON STREET of £110,000 on 31st May 2023. For the value to have increased from £110,000 to £125,996 over the three years and one month to April 2026, the following assumptions must hold true:

• The value of 2 MASON STREET has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The May 2023 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MASON STREET has not materially changed since May 2023.

How Large is 2 MASON STREET?

2 MASON STREET is 73m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 20% of terraced houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wolverhampton, and where 2 MASON STREET lies on this distribution: 11% of terraced houses houses are smaller than 2 MASON STREET, and 88% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

2 MASON STREET: Plot and Title Map

2 MASON STREET sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 2 MASON 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 2 MASON 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 2 MASON STREET?

2 MASON STREET is located in WOLVERHAMPTON, in the WV2 postcode district. The below map shows the position of No. 2 on MASON STREET.