17, SEVERN CLOSE, WILLENHALL, WV12 5UE - £290,000

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

17 SEVERN CLOSE is a very small detached house of 55m², built sometime between 1976 and 1982. It was last sold for £290,000 in December 2023, which was around 12% below the average December 2023 detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

17 SEVERN CLOSE Sold Prices

Land registry data shows two sales for 17 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 17 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
2023 1 DEC	£290,000	£327,717	12% below HPI
2000 22 FEB	£72,000	£87,346	18% below HPI

17 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 17 SEVERN CLOSE sales from February 2000 and December 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 February 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 17 SEVERN CLOSE?

17 SEVERN CLOSE is 55m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 17 SEVERN CLOSE lies on this distribution: 1% of detached houses are smaller than 17 SEVERN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

17 SEVERN CLOSE: Plot and Title Map

17 SEVERN CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 17 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 17 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 17 SEVERN CLOSE?

17 SEVERN CLOSE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 17 on SEVERN CLOSE.