THE GRAINGE, NEACHELLS LANE, WOLVERHAMPTON, WV11 3RF - £209,000

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.

THE GRAINGE is a detached house, which could now be worth an estimated £390,908. It was last sold for £209,000 in August 2005, which was around 14% above the average August 2005 detached price in the Wolverhampton local authority area.

THE GRAINGE Sold Prices

Land registry data shows two sales for THE GRAINGE 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. One of the two THE GRAINGE sales was for above the average price, whilst the other was 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
2005 12 AUG	£209,000	£183,825	14% above HPI
2002 19 APR	£83,000	£107,906	23% below HPI

What might THE GRAINGE be worth now?

THE GRAINGE might now be worth an estimated £390,908.

This is based on house price inflation of 87%, between August 2005 and May 2026, for detached 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 87% inflationary increase is applied to the most recent sale price for THE GRAINGE of £209,000 on 12th August 2005. For the value to have increased from £209,000 to £390,908 over the 21 years and three months to May 2026, the following assumptions must hold true:

• The value of THE GRAINGE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The August 2005 sale price of £209,000 represented a fair market value for the property.
• The size, condition, and specification of THE GRAINGE has not materially changed since August 2005.

Where is THE GRAINGE?

THE GRAINGE is located on NEACHELLS LANE in WOLVERHAMPTON, in the WV11 postcode district.