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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 DOWNEND CLOSE is a very small detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £285,882. It was last sold for £210,000 in November 2019, which was around 14% 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	£245,047	14% below HPI
2015 20 AUG	£159,950	£192,054	17% below HPI
2015 14 AUG	£160,000	£192,054	17% below HPI
2004 30 APR	£137,000	£162,123	15% below HPI
1999 7 MAY	£70,000	£75,703	8% 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 DOWNEND CLOSE be worth now?

2 DOWNEND CLOSE might now be worth an estimated £285,882.

This is based on house price inflation of 36.1%, between November 2019 and February 2025, 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 36.1% inflationary increase is applied to the most recent sale price for 2 DOWNEND CLOSE of £210,000 on 8th November 2019. For the value to have increased from £210,000 to £285,882 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 DOWNEND CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The November 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DOWNEND CLOSE has not materially changed since November 2019.

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 houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 2 DOWNEND CLOSE lies on this distribution: 3% of detached houses 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.