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

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

15 SEVERN CLOSE is a small extended detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £279,544. It was last sold for £170,000 in March 2016, which was around 14% 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	£198,135	14% below HPI
2007 5 SEP	£170,000	£209,044	19% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 15 SEVERN CLOSE be worth now?

15 SEVERN CLOSE might now be worth an estimated £279,544.

This is based on house price inflation of 64.4%, between March 2016 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 64.4% inflationary increase is applied to the most recent sale price for 15 SEVERN CLOSE of £170,000 on 30th March 2016. For the value to have increased from £170,000 to £279,544 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 15 SEVERN CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The March 2016 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SEVERN CLOSE has not materially changed since March 2016.

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 houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 15 SEVERN CLOSE lies on this distribution: 27% of detached houses 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.