2, CHEPSTOW CLOSE, PERTON, WOLVERHAMPTON, WV6 7PY - £158,000

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

2 CHEPSTOW CLOSE is a midsized detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £259,526. It was last sold for £158,000 in May 2010, which was around 40% below the average May 2010 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

2 CHEPSTOW CLOSE Sold Prices

Land registry data shows two sales for 2 CHEPSTOW 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 South Staffordshire local authority area for the corresponding sale date. Both of the two 2 CHEPSTOW 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
2010 7 MAY	£158,000	£262,582	40% below HPI
2002 9 AUG	£105,000	£169,431	38% below HPI

2 CHEPSTOW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 2 CHEPSTOW CLOSE sales from August 2002 and May 2010 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 August 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2010 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 2 CHEPSTOW CLOSE be worth now?

2 CHEPSTOW CLOSE might now be worth an estimated £259,526.

This is based on house price inflation of 64.3%, between May 2010 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.3% inflationary increase is applied to the most recent sale price for 2 CHEPSTOW CLOSE of £158,000 on 7th May 2010. For the value to have increased from £158,000 to £259,526 over the fifteen years and three months to February 2025, the following assumptions must hold true:

• The value of 2 CHEPSTOW CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The May 2010 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHEPSTOW CLOSE has not materially changed since May 2010.

How Large is 2 CHEPSTOW CLOSE?

2 CHEPSTOW CLOSE is 97m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 50% of detached houses houses in Perton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Perton, and where 2 CHEPSTOW CLOSE lies on this distribution: 47% of detached houses houses are smaller than 2 CHEPSTOW CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Perton.

2 CHEPSTOW CLOSE: Plot and Title Map

2 CHEPSTOW CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 2 CHEPSTOW 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 CHEPSTOW 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 CHEPSTOW CLOSE?

2 CHEPSTOW CLOSE is located in PERTON, in the WV6 postcode district. The below map shows the position of No. 2 on CHEPSTOW CLOSE.