31, ORMES LANE, WOLVERHAMPTON, WV6 8LL - £245,000

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.

31 ORMES LANE is a midsized extended terraced house of 82m², built sometime before 1900, which could now be worth an estimated £310,667. It was last sold for £245,000 in August 2021, which was around 68% above the average August 2021 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

31 ORMES LANE Sold Prices

Land registry data shows one sale for 31 ORMES LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 26 AUG	£245,000	£145,664	68% above HPI

What might 31 ORMES LANE be worth now?

31 ORMES LANE might now be worth an estimated £310,667.

This is based on house price inflation of 26.8%, between August 2021 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 26.8% inflationary increase is applied to the most recent sale price for 31 ORMES LANE of £245,000 on 26th August 2021. For the value to have increased from £245,000 to £310,667 over the five years and four months to April 2026, the following assumptions must hold true:

• The value of 31 ORMES LANE has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The August 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 31 ORMES LANE has not materially changed since August 2021.

How Large is 31 ORMES LANE?

31 ORMES LANE is 82m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 50% of terraced houses in Wolverhampton, based on EPC data. The below chart shows the distribution of terraced houses by size in Wolverhampton, and where 31 ORMES LANE lies on this distribution: 50% of terraced houses are smaller than 31 ORMES LANE, and 47% of terraced houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

31 ORMES LANE: Plot

31 ORMES LANE sits on a plot of roughly 0.154 of an acre, or 622m².

Where is 31 ORMES LANE?

31 ORMES LANE is located in WOLVERHAMPTON, in the WV6 postcode district.