48, NEACHELLS LANE, WOLVERHAMPTON, WV11 3PR - £31,000

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.

48 NEACHELLS LANE is a small extended terraced house of 71m², built sometime between 1900 and 1929, which could now be worth an estimated £114,518. It was last sold for £31,000 in April 2002, which was around 38% below the average April 2002 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

48 NEACHELLS LANE Sold Prices

Land registry data shows one sale for 48 NEACHELLS 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
2002 12 APR	£31,000	£50,000	38% below HPI

What might 48 NEACHELLS LANE be worth now?

48 NEACHELLS LANE might now be worth an estimated £114,518.

This is based on house price inflation of 269.4%, between April 2002 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 269.4% inflationary increase is applied to the most recent sale price for 48 NEACHELLS LANE of £31,000 on 12th April 2002. For the value to have increased from £31,000 to £114,518 over the 24 years to April 2026, the following assumptions must hold true:

• The value of 48 NEACHELLS LANE has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The April 2002 sale price of £31,000 represented a fair market value for the property.
• The size, condition, and specification of 48 NEACHELLS LANE has not materially changed since April 2002.

How Large is 48 NEACHELLS LANE?

48 NEACHELLS LANE is 71m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of terraced houses in Wolverhampton, based on EPC data. The below chart shows the distribution of terraced houses by size in Wolverhampton, and where 48 NEACHELLS LANE lies on this distribution: 22% of terraced houses are smaller than 48 NEACHELLS LANE, and 76% of terraced houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

48 NEACHELLS LANE: Plot

48 NEACHELLS LANE sits on a plot of roughly 0.029 of an acre, or 118m².

Where is 48 NEACHELLS LANE?

48 NEACHELLS LANE is located in WOLVERHAMPTON, in the WV11 postcode district.