17, RAKEGATE CLOSE, WOLVERHAMPTON, WV10 6US - £192,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 RAKEGATE CLOSE is a midsized detached house of 108m², which could now be worth an estimated £337,955. It was last sold for £192,000 in August 2014, which was around 1% above the average August 2014 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2011, where the current energy rating was B, and the potential energy rating was B.

17 RAKEGATE CLOSE Sold Prices

Land registry data shows two sales for 17 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 17 RAKEGATE 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
2014 22 AUG	£192,000	£189,522	1% above HPI
2013 13 NOV	£27,460	£185,025	85% below HPI

17 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 17 RAKEGATE CLOSE sales from November 2013 and August 2014 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 November 2013 sale was for 85% below the HPI. So the extrapolation line tracks at 85% below the HPI over time, until the August 2014 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 17 RAKEGATE CLOSE be worth now?

17 RAKEGATE CLOSE might now be worth an estimated £337,955.

This is based on house price inflation of 76%, between August 2014 and February 2025, 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 76% inflationary increase is applied to the most recent sale price for 17 RAKEGATE CLOSE of £192,000 on 22nd August 2014. For the value to have increased from £192,000 to £337,955 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 17 RAKEGATE CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The August 2014 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 17 RAKEGATE CLOSE has not materially changed since August 2014.

How Large is 17 RAKEGATE CLOSE?

17 RAKEGATE CLOSE is 108m² according to the EPC inspection conducted in October 2011. 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 17 RAKEGATE CLOSE lies on this distribution: 50% of detached houses houses are smaller than 17 RAKEGATE CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

17 RAKEGATE CLOSE: Plot and Title Map

17 RAKEGATE CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 17 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 17 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 17 RAKEGATE CLOSE?

17 RAKEGATE CLOSE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 17 on RAKEGATE CLOSE.