1, LAMORNA CLOSE, WOLVERHAMPTON, WV3 8LG - £520,000

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.

1 LAMORNA CLOSE is a very large extended detached house of 191m², built sometime between 1996 and 2002, which could now be worth an estimated £649,227. It was last sold for £520,000 in June 2021, which was around 95% above the average June 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

1 LAMORNA CLOSE Sold Prices

Land registry data shows three sales for 1 LAMORNA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 1 LAMORNA CLOSE sales were for 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	£520,000	£267,192	95% above HPI
2003 25 JUL	£260,000	£147,240	77% above HPI
2000 30 JUN	£199,950	£87,369	129% above HPI

1 LAMORNA 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 three 1 LAMORNA CLOSE sales between June 2000 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 July 2003 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the June 2021 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might 1 LAMORNA CLOSE be worth now?

1 LAMORNA CLOSE might now be worth an estimated £649,227.

This is based on house price inflation of 24.9%, between June 2021 and February 2025, 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 24.9% inflationary increase is applied to the most recent sale price for 1 LAMORNA CLOSE of £520,000 on 11th June 2021. For the value to have increased from £520,000 to £649,227 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 1 LAMORNA CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The June 2021 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LAMORNA CLOSE has not materially changed since June 2021.

How Large is 1 LAMORNA CLOSE?

1 LAMORNA CLOSE is 191m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 1 LAMORNA CLOSE lies on this distribution: 91% of detached houses houses are smaller than 1 LAMORNA CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

1 LAMORNA CLOSE: Plot and Title Map

1 LAMORNA CLOSE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 1 LAMORNA 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 LAMORNA 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 LAMORNA CLOSE?

1 LAMORNA CLOSE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 1 on LAMORNA CLOSE.