1, HEATHER CLOSE, WEDNESFIELD, WOLVERHAMPTON, WV11 3UG - £150,000

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 HEATHER CLOSE is a very small semi-detached house of 55m², built sometime between 1983 and 1990. It was last sold for £150,000 in May 2019, which was around 38% below the average May 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was B.

1 HEATHER CLOSE Sold Prices

Land registry data shows four sales for 1 HEATHER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the four 1 HEATHER 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
2019 17 MAY	£150,000	£240,787	38% below HPI
2015 12 JUN	£121,000	£196,524	38% below HPI
2013 12 JUL	£118,000	£184,693	36% below HPI
1999 22 FEB	£47,000	£76,775	39% below HPI

1 HEATHER CLOSE 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 four 1 HEATHER CLOSE sales between February 1999 and May 2019 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 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2019 sale, which was also at 38% below the HPI.

How Large is 1 HEATHER CLOSE?

1 HEATHER CLOSE is 55m² according to the EPC inspection conducted in October 2012. 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 1 HEATHER CLOSE lies on this distribution: 1% of detached houses are smaller than 1 HEATHER CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

1 HEATHER CLOSE: Plot and Title Map

1 HEATHER CLOSE sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 1 HEATHER 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 HEATHER 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 HEATHER CLOSE?

1 HEATHER CLOSE is located in WEDNESFIELD, in the WV11 postcode district. The below map shows the position of No. 1 on HEATHER CLOSE.