1, MIRFIELD CLOSE, PENDEFORD, WOLVERHAMPTON, WV9 5RW - £160,000

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 MIRFIELD CLOSE is a small detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £247,992. It was last sold for £160,000 in June 2017, which was around 26% below the average June 2017 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

1 MIRFIELD CLOSE Sold Prices

Land registry data shows two sales for 1 MIRFIELD 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 Wolverhampton local authority area for the corresponding sale date. Both of the two 1 MIRFIELD 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
2017 9 JUN	£160,000	£215,228	26% below HPI
2001 29 MAR	£79,500	£89,151	11% below HPI

1 MIRFIELD 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 two 1 MIRFIELD CLOSE sales from March 2001 and June 2017 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 March 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 MIRFIELD CLOSE be worth now?

1 MIRFIELD CLOSE might now be worth an estimated £247,992.

This is based on house price inflation of 55%, between June 2017 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 55% inflationary increase is applied to the most recent sale price for 1 MIRFIELD CLOSE of £160,000 on 9th June 2017. For the value to have increased from £160,000 to £247,992 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 1 MIRFIELD CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The June 2017 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MIRFIELD CLOSE has not materially changed since June 2017.

How Large is 1 MIRFIELD CLOSE?

1 MIRFIELD CLOSE is 87m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% 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 MIRFIELD CLOSE lies on this distribution: 26% of detached houses houses are smaller than 1 MIRFIELD CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

1 MIRFIELD CLOSE: Plot and Title Map

1 MIRFIELD CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 1 MIRFIELD 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 MIRFIELD 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 MIRFIELD CLOSE?

1 MIRFIELD CLOSE is located in PENDEFORD, in the WV9 postcode district. The below map shows the position of No. 1 on MIRFIELD CLOSE.