15, LAVENDER CLOSE, PENDEFORD, WOLVERHAMPTON, WV9 5SB - £180,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 LAVENDER CLOSE is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £180,000 in November 2023, which was around 45% below the average November 2023 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

15 LAVENDER CLOSE Sold Prices

Land registry data shows two sales for 15 LAVENDER 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 15 LAVENDER 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
2023 30 NOV	£180,000	£329,289	45% below HPI
1998 30 JAN	£25,500	£74,996	66% below HPI

15 LAVENDER 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 15 LAVENDER CLOSE sales from January 1998 and November 2023 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 January 1998 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the November 2023 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 15 LAVENDER CLOSE?

15 LAVENDER CLOSE is 79m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 15 LAVENDER CLOSE lies on this distribution: 17% of detached houses are smaller than 15 LAVENDER CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

15 LAVENDER CLOSE: Plot and Title Map

15 LAVENDER CLOSE sits on a plot of roughly 0.571 of an acre, or 2,311m². The below map shows the location of 15 LAVENDER 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 15 LAVENDER 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 15 LAVENDER CLOSE?

15 LAVENDER CLOSE is located in PENDEFORD, in the WV9 postcode district. The below map shows the position of No. 15 on LAVENDER CLOSE.