1, CORFE CLOSE, WOLVERHAMPTON, WV6 7RT - £215,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CORFE CLOSE is a small extended detached house of 91m², built sometime between 1976 and 1982. It was last sold for £215,000 in October 2011, which was around 15% below the average October 2011 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

1 CORFE CLOSE Sold Prices

Land registry data shows two sales for 1 CORFE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 1 CORFE CLOSE 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
2011 28 OCT	£215,000	£254,049	15% below HPI
2004 11 JUN	£189,950	£226,027	16% below HPI

1 CORFE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 1 CORFE CLOSE sales from June 2004 and October 2011 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 June 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2011 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 1 CORFE CLOSE?

1 CORFE CLOSE is 91m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses in Perton, based on EPC data. The below chart shows the distribution of detached houses by size in Perton, and where 1 CORFE CLOSE lies on this distribution: 38% of detached houses are smaller than 1 CORFE CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Perton.

1 CORFE CLOSE: Plot and Title Map

1 CORFE CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 1 CORFE CLOSE, 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 1 CORFE CLOSE). 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 1 CORFE CLOSE?

1 CORFE CLOSE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 1 on CORFE CLOSE.