23, SORREL CLOSE, FEATHERSTONE, WOLVERHAMPTON, WV10 7TX - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 SORREL CLOSE is a midsized extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £240,000 in January 2019, which was around 26% below the average January 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

23 SORREL CLOSE Sold Prices

Land registry data shows four sales for 23 SORREL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 23 SORREL 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 18 JAN	£240,000	£323,538	26% below HPI
2015 16 FEB	£217,000	£265,019	18% below HPI
2006 9 MAR	£168,000	£243,035	31% below HPI
2004 10 FEB	£138,000	£208,303	34% below HPI

23 SORREL 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 four 23 SORREL CLOSE sales between February 2004 and January 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 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 23 SORREL CLOSE?

23 SORREL CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 50% of detached houses in Featherstone, based on EPC data. The below chart shows the distribution of detached houses by size in Featherstone, and where 23 SORREL CLOSE lies on this distribution: 59% of detached houses are smaller than 23 SORREL CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Featherstone.

23 SORREL CLOSE: Plot and Title Map

23 SORREL CLOSE sits on a plot of roughly 0.068 of an acre, or 273m². The below map shows the location of 23 SORREL 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 23 SORREL 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 23 SORREL CLOSE?

23 SORREL CLOSE is located in FEATHERSTONE, in the WV10 postcode district. The below map shows the position of No. 23 on SORREL CLOSE.