40, REANSWAY SQUARE, WOLVERHAMPTON, WV6 0EY - £130,000

40 REANSWAY SQUARE is a very small extended detached house of 67m², built sometime between 1976 and 1982. It was last sold for £130,000 in May 2020, which was around 47% below the average May 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

40 REANSWAY SQUARE Sold Prices

Land registry data shows two sales for 40 REANSWAY SQUARE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 40 REANSWAY SQUARE 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
2020 22 MAY	£130,000	£246,676	47% below HPI
1995 6 DEC	£38,000	£67,279	44% below HPI

40 REANSWAY SQUARE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 40 REANSWAY SQUARE sales from December 1995 and May 2020 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 1995 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2020 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 40 REANSWAY SQUARE?

40 REANSWAY SQUARE is 67m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 40 REANSWAY SQUARE lies on this distribution: 7% of detached houses are smaller than 40 REANSWAY SQUARE, and 92% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

40 REANSWAY SQUARE: Plot and Title Map

40 REANSWAY SQUARE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 40 REANSWAY SQUARE, 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 40 REANSWAY SQUARE). 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 40 REANSWAY SQUARE?

40 REANSWAY SQUARE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 40 on REANSWAY SQUARE.