1, RAKEGATE CLOSE, WOLVERHAMPTON, WV10 6US - £232,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 RAKEGATE CLOSE is a midsized detached house of 108m², which could now be worth an estimated £308,910. It was last sold for £232,500 in October 2019, which was around 5% below the average October 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

1 RAKEGATE CLOSE Sold Prices

Land registry data shows two sales for 1 RAKEGATE 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. One of the two 1 RAKEGATE CLOSE sales was for below the average price, whilst the other was 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
2019 30 OCT	£232,500	£245,219	5% below HPI
2013 26 SEP	£207,500	£183,301	13% above HPI

1 RAKEGATE 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 RAKEGATE CLOSE sales from September 2013 and October 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 September 2013 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 1 RAKEGATE CLOSE be worth now?

1 RAKEGATE CLOSE might now be worth an estimated £308,910.

This is based on house price inflation of 32.9%, between October 2019 and December 2024, 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 32.9% inflationary increase is applied to the most recent sale price for 1 RAKEGATE CLOSE of £232,500 on 30th October 2019. For the value to have increased from £232,500 to £308,910 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 RAKEGATE CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The October 2019 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 1 RAKEGATE CLOSE has not materially changed since October 2019.

How Large is 1 RAKEGATE CLOSE?

1 RAKEGATE CLOSE is 108m² according to the EPC inspection conducted in April 2018. This puts it in the largest 50% 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 RAKEGATE CLOSE lies on this distribution: 50% of detached houses houses are smaller than 1 RAKEGATE CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

1 RAKEGATE CLOSE: Plot and Title Map

1 RAKEGATE CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 1 RAKEGATE 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 RAKEGATE 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 RAKEGATE CLOSE?

1 RAKEGATE CLOSE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 1 on RAKEGATE CLOSE.