3, PHOENIX STREET, WOLVERHAMPTON, WV2 3JS - £90,000

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.

3 PHOENIX STREET is a very small extended terraced house of 78m², built sometime between 1900 and 1929, which could now be worth an estimated £146,021. It was last sold for £90,000 in April 2016, which was around 15% below the average April 2016 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

3 PHOENIX STREET Sold Prices

Land registry data shows two sales for 3 PHOENIX STREET 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. Both of the two 3 PHOENIX 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
2016 18 APR	£90,000	£105,408	15% below HPI
2011 12 AUG	£90,000	£93,930	4% below HPI

3 PHOENIX 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 two 3 PHOENIX STREET sales from August 2011 and April 2016 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 August 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 3 PHOENIX STREET be worth now?

3 PHOENIX STREET might now be worth an estimated £146,021.

This is based on house price inflation of 62.2%, between April 2016 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 62.2% inflationary increase is applied to the most recent sale price for 3 PHOENIX STREET of £90,000 on 18th April 2016. For the value to have increased from £90,000 to £146,021 over the eight years and ten months to June 2025, the following assumptions must hold true:

• The value of 3 PHOENIX STREET has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The April 2016 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PHOENIX STREET has not materially changed since April 2016.

How Large is 3 PHOENIX STREET?

3 PHOENIX STREET is 78m², which includes one extension, according to the EPC inspection conducted in February 2014. 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 3 PHOENIX STREET lies on this distribution: 16% of terraced houses houses are smaller than 3 PHOENIX STREET, and 83% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

3 PHOENIX STREET: Plot and Title Map

3 PHOENIX STREET sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 3 PHOENIX 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 3 PHOENIX 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 3 PHOENIX STREET?

3 PHOENIX STREET is located in WOLVERHAMPTON, in the WV2 postcode district. The below map shows the position of No. 3 on PHOENIX STREET.