2, CHANDLERS CLOSE, WOLVERHAMPTON, WV9 5PL - £162,000

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

2 CHANDLERS CLOSE is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £162,000 in October 2016, which was around 25% below the average October 2016 detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

2 CHANDLERS CLOSE Sold Prices

Land registry data shows three sales for 2 CHANDLERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 2 CHANDLERS 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
2016 25 OCT	£162,000	£215,349	25% below HPI
1999 12 FEB	£66,500	£76,775	13% below HPI
1997 18 MAR	£59,500	£70,490	16% below HPI

2 CHANDLERS 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 three 2 CHANDLERS CLOSE sales between March 1997 and October 2016 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 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 CHANDLERS CLOSE?

2 CHANDLERS CLOSE is 72m² according to the EPC inspection conducted in May 2016. 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 2 CHANDLERS CLOSE lies on this distribution: 10% of detached houses are smaller than 2 CHANDLERS CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

2 CHANDLERS CLOSE: Plot and Title Map

2 CHANDLERS CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 2 CHANDLERS 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 2 CHANDLERS 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 2 CHANDLERS CLOSE?

2 CHANDLERS CLOSE is located in WOLVERHAMPTON, in the WV9 postcode district. The below map shows the position of No. 2 on CHANDLERS CLOSE.