Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 MEDINA CLOSE is a midsized extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £285,000 in August 2021, which was around 2% above the average August 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 1 MEDINA CLOSE since 1st 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. Both of the two 1 MEDINA 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 23 AUG | £285,000 | £279,857 | 2% above HPI |
1998 18 FEB | £75,000 | £74,416 | 1% above HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 1 MEDINA CLOSE sales from February 1998 and August 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 February 1998 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
1 MEDINA CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% 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 MEDINA CLOSE lies on this distribution: 41% of detached houses are smaller than 1 MEDINA CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
1 MEDINA CLOSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 1 MEDINA 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 MEDINA 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.
1 MEDINA CLOSE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 1 on MEDINA CLOSE.