2, DOWNEND CLOSE, WOLVERHAMPTON, WV10 8TP - £210,000

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 DOWNEND CLOSE is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £210,000 in November 2019, which was around 17% below the average November 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

2 DOWNEND CLOSE Sold Prices

Land registry data shows five sales for 2 DOWNEND CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the five 2 DOWNEND 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 8 NOV	£210,000	£251,616	17% below HPI
2015 20 AUG	£159,950	£197,203	19% below HPI
2015 14 AUG	£160,000	£197,203	19% below HPI
2004 30 APR	£137,000	£166,469	18% below HPI
1999 7 MAY	£70,000	£77,732	10% below HPI

2 DOWNEND 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 five 2 DOWNEND CLOSE sales between May 1999 and November 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 August 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 DOWNEND CLOSE?

2 DOWNEND CLOSE is 60m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% 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 DOWNEND CLOSE lies on this distribution: 3% of detached houses are smaller than 2 DOWNEND CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

2 DOWNEND CLOSE: Plot and Title Map

2 DOWNEND CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 2 DOWNEND 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 DOWNEND 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 DOWNEND CLOSE?

2 DOWNEND CLOSE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 2 on DOWNEND CLOSE.