31, POND LANE, WOLVERHAMPTON, WV2 1HE - £98,000

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 POND LANE is a very small terraced house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £163,259. It was last sold for £98,000 in December 2015, which was around 5% below the average December 2015 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

31 POND LANE Sold Prices

Land registry data shows two sales for 31 POND LANE 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 31 POND LANE 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
2015 22 DEC	£98,000	£102,659	5% below HPI
2014 5 DEC	£68,000	£100,157	32% below HPI

31 POND LANE 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 31 POND LANE sales from December 2014 and December 2015 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 December 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2015 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 31 POND LANE be worth now?

31 POND LANE might now be worth an estimated £163,259.

This is based on house price inflation of 66.6%, between December 2015 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 66.6% inflationary increase is applied to the most recent sale price for 31 POND LANE of £98,000 on 22nd December 2015. For the value to have increased from £98,000 to £163,259 over the ten years and six months to June 2025, the following assumptions must hold true:

• The value of 31 POND LANE has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The December 2015 sale price of £98,000 represented a fair market value for the property.
• The size, condition, and specification of 31 POND LANE has not materially changed since December 2015.

How Large is 31 POND LANE?

31 POND LANE is 67m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% 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 31 POND LANE lies on this distribution: 7% of terraced houses houses are smaller than 31 POND LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

31 POND LANE: Plot and Title Map

31 POND LANE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 31 POND LANE, 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 31 POND LANE). 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 31 POND LANE?

31 POND LANE is located in WOLVERHAMPTON, in the WV2 postcode district. The below map shows the position of No. 31 on POND LANE.