18, VERWOOD CLOSE, WILLENHALL, WV13 3QQ - £127,000

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

18 VERWOOD CLOSE is a very small detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £174,581. It was last sold for £127,000 in March 2019, which was around 46% below the average March 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

18 VERWOOD CLOSE Sold Prices

Land registry data shows four sales for 18 VERWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the four 18 VERWOOD 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
2019 29 MAR	£127,000	£237,012	46% below HPI
2013 8 FEB	£126,000	£182,905	31% below HPI
2008 28 NOV	£60,000	£183,464	67% below HPI
2001 23 MAY	£62,000	£93,235	34% below HPI

18 VERWOOD 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 four 18 VERWOOD CLOSE sales between May 2001 and March 2019 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 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2019 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 18 VERWOOD CLOSE be worth now?

18 VERWOOD CLOSE might now be worth an estimated £174,581.

This is based on house price inflation of 37.5%, between March 2019 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 37.5% inflationary increase is applied to the most recent sale price for 18 VERWOOD CLOSE of £127,000 on 29th March 2019. For the value to have increased from £127,000 to £174,581 over the four years and three months to December 2024, the following assumptions must hold true:

• The value of 18 VERWOOD CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The March 2019 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of 18 VERWOOD CLOSE has not materially changed since March 2019.

How Large is 18 VERWOOD CLOSE?

18 VERWOOD CLOSE is 73m² according to the EPC inspection conducted in November 2011. 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 VERWOOD CLOSE lies on this distribution: 12% of detached houses houses are smaller than 18 VERWOOD CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

18 VERWOOD CLOSE: Plot and Title Map

18 VERWOOD CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 18 VERWOOD 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 VERWOOD 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 VERWOOD CLOSE?

18 VERWOOD CLOSE is located in WILLENHALL, in the WV13 postcode district. The below map shows the position of No. 18 on VERWOOD CLOSE.