15, SEVERN CLOSE, WILLENHALL, WV12 5UE - £170,000

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

15 SEVERN CLOSE is a small extended detached house of 87m², built sometime between 1950 and 1966. It was last sold for £170,000 in March 2016, which was around 16% below the average March 2016 detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

15 SEVERN CLOSE Sold Prices

Land registry data shows two sales for 15 SEVERN 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 SEVERN 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
2016 30 MAR	£170,000	£203,446	16% below HPI
2007 5 SEP	£170,000	£214,648	21% below HPI

15 SEVERN 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 SEVERN CLOSE sales from September 2007 and March 2016 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 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 15 SEVERN CLOSE?

15 SEVERN CLOSE is 87m², which includes two extensions, according to the EPC inspection conducted in May 2010. This puts it in the smallest 30% 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 SEVERN CLOSE lies on this distribution: 27% of detached houses are smaller than 15 SEVERN CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

15 SEVERN CLOSE: Plot and Title Map

15 SEVERN CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 15 SEVERN 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 SEVERN 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 SEVERN CLOSE?

15 SEVERN CLOSE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 15 on SEVERN CLOSE.