18, HODSON CLOSE, WOLVERHAMPTON, WV11 2PN - £176,000

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.

18 HODSON CLOSE is a very small detached house of 75m², which could now be worth an estimated £308,522. It was last sold for £176,000 in July 2015, which was around 8% below the average July 2015 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2012, where the current energy rating was B, and the potential energy rating was B.

18 HODSON CLOSE Sold Prices

Land registry data shows two sales for 18 HODSON 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 18 HODSON 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
2015 27 JUL	£176,000	£190,302	8% below HPI
2013 2 JUL	£170,000	£179,871	5% below HPI

18 HODSON 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 18 HODSON CLOSE sales from July 2013 and July 2015 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 July 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 18 HODSON CLOSE be worth now?

18 HODSON CLOSE might now be worth an estimated £308,522.

This is based on house price inflation of 75.3%, between July 2015 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 75.3% inflationary increase is applied to the most recent sale price for 18 HODSON CLOSE of £176,000 on 27th July 2015. For the value to have increased from £176,000 to £308,522 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 18 HODSON CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The July 2015 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HODSON CLOSE has not materially changed since July 2015.

How Large is 18 HODSON CLOSE?

18 HODSON CLOSE is 75m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 20% 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 18 HODSON CLOSE lies on this distribution: 13% of detached houses houses are smaller than 18 HODSON CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

18 HODSON CLOSE: Plot and Title Map

18 HODSON CLOSE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 18 HODSON 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 18 HODSON 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 18 HODSON CLOSE?

18 HODSON CLOSE is located in WOLVERHAMPTON, in the WV11 postcode district. The below map shows the position of No. 18 on HODSON CLOSE.