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
18 VERWOOD CLOSE is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £127,000 in March 2019, which was around 48% 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.
Land registry data shows four sales for 18 VERWOOD CLOSE since 1st 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 | £243,365 | 48% below HPI |
2013 8 FEB | £126,000 | £187,808 | 33% below HPI |
2008 28 NOV | £60,000 | £188,382 | 68% below HPI |
2001 23 MAY | £62,000 | £95,734 | 35% below HPI |
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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2019 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
18 VERWOOD CLOSE is 73m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 18 VERWOOD CLOSE lies on this distribution: 12% of detached 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 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.
18 VERWOOD CLOSE is located in WILLENHALL, in the WV13 postcode district. The below map shows the position of No. 18 on VERWOOD CLOSE.