59, PARK STREET SOUTH, WOLVERHAMPTON, WV2 3JG - £114,000

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.

59 PARK STREET SOUTH is a small terraced house of 99m², built sometime between 1900 and 1929, which could now be worth an estimated £135,594. It was last sold for £114,000 in June 2021, which was around 21% below the average June 2021 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

59 PARK STREET SOUTH Sold Prices

Land registry data shows five sales for 59 PARK STREET SOUTH since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. The five 59 PARK STREET SOUTH sales were a mix of below the average price, roughly equal to the average price, and above 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
2021 11 JUN	£114,000	£143,784	21% below HPI
2009 5 OCT	£75,000	£99,618	25% below HPI
2004 18 OCT	£90,000	£90,244	Close to HPI
2002 29 JUL	£59,000	£55,488	6% above HPI
2001 20 FEB	£24,000	£41,209	42% below HPI

59 PARK STREET SOUTH 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 five 59 PARK STREET SOUTH sales between February 2001 and June 2021 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 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 59 PARK STREET SOUTH be worth now?

59 PARK STREET SOUTH might now be worth an estimated £135,594.

This is based on house price inflation of 18.9%, between June 2021 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 18.9% inflationary increase is applied to the most recent sale price for 59 PARK STREET SOUTH of £114,000 on 11th June 2021. For the value to have increased from £114,000 to £135,594 over the four years to June 2025, the following assumptions must hold true:

• The value of 59 PARK STREET SOUTH has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The June 2021 sale price of £114,000 represented a fair market value for the property.
• The size, condition, and specification of 59 PARK STREET SOUTH has not materially changed since June 2021.

How Large is 59 PARK STREET SOUTH?

59 PARK STREET SOUTH is 99m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% 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 59 PARK STREET SOUTH lies on this distribution: 39% of terraced houses houses are smaller than 59 PARK STREET SOUTH, and 60% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

59 PARK STREET SOUTH: Plot and Title Map

59 PARK STREET SOUTH sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 59 PARK STREET SOUTH, 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 59 PARK STREET SOUTH). 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 59 PARK STREET SOUTH?

59 PARK STREET SOUTH is located in WOLVERHAMPTON, in the WV2 postcode district. The below map shows the position of No. 59 on PARK STREET SOUTH.