11, ELWELLS CLOSE, BILSTON, WV14 9YH - £203,500

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

11 ELWELLS CLOSE is a large detached house of 122m², built sometime between 1983 and 1990, which could now be worth an estimated £351,459. It was last sold for £203,500 in January 2015, which was around 8% above the average January 2015 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

11 ELWELLS CLOSE Sold Prices

Land registry data shows two sales for 11 ELWELLS 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 11 ELWELLS CLOSE sales was for above the average price, whilst the other was 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
2015 15 JAN	£203,500	£188,648	8% above HPI
2010 13 JUL	£180,000	£185,585	3% below HPI

11 ELWELLS 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 11 ELWELLS CLOSE sales from July 2010 and January 2015 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 2010 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2015 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 11 ELWELLS CLOSE be worth now?

11 ELWELLS CLOSE might now be worth an estimated £351,459.

This is based on house price inflation of 72.7%, between January 2015 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 72.7% inflationary increase is applied to the most recent sale price for 11 ELWELLS CLOSE of £203,500 on 15th January 2015. For the value to have increased from £203,500 to £351,459 over the eight years and one month to December 2024, the following assumptions must hold true:

• The value of 11 ELWELLS CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The January 2015 sale price of £203,500 represented a fair market value for the property.
• The size, condition, and specification of 11 ELWELLS CLOSE has not materially changed since January 2015.

How Large is 11 ELWELLS CLOSE?

11 ELWELLS CLOSE is 122m² according to the EPC inspection conducted in March 2016. This puts it in the largest 40% 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 11 ELWELLS CLOSE lies on this distribution: 64% of detached houses houses are smaller than 11 ELWELLS CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

11 ELWELLS CLOSE: Plot and Title Map

11 ELWELLS CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 11 ELWELLS 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 11 ELWELLS 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 11 ELWELLS CLOSE?

11 ELWELLS CLOSE is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 11 on ELWELLS CLOSE.