23, WATERSIDE CLOSE, WOLVERHAMPTON, WV2 1HN - £131,300

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

23 WATERSIDE CLOSE is a midsized extended detached house of 112m², built sometime between 2003 and 2006, which could now be worth an estimated £247,386. It was last sold for £131,300 in March 2009, which was around 24% below the average March 2009 detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was C.

23 WATERSIDE CLOSE Sold Prices

Land registry data shows two sales for 23 WATERSIDE 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 Wolverhampton local authority area for the corresponding sale date. Both of the two 23 WATERSIDE 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
2009 2 MAR	£131,300	£172,923	24% below HPI
2006 22 DEC	£190,000	£197,211	4% below HPI

23 WATERSIDE 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 two 23 WATERSIDE CLOSE sales from December 2006 and March 2009 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 December 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2009 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 23 WATERSIDE CLOSE be worth now?

23 WATERSIDE CLOSE might now be worth an estimated £247,386.

This is based on house price inflation of 88.4%, between March 2009 and December 2024, 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 88.4% inflationary increase is applied to the most recent sale price for 23 WATERSIDE CLOSE of £131,300 on 2nd March 2009. For the value to have increased from £131,300 to £247,386 over the fourteen years and three months to December 2024, the following assumptions must hold true:

• The value of 23 WATERSIDE CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The March 2009 sale price of £131,300 represented a fair market value for the property.
• The size, condition, and specification of 23 WATERSIDE CLOSE has not materially changed since March 2009.

How Large is 23 WATERSIDE CLOSE?

23 WATERSIDE CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 50% 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 23 WATERSIDE CLOSE lies on this distribution: 55% of detached houses houses are smaller than 23 WATERSIDE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

23 WATERSIDE CLOSE: Plot and Title Map

23 WATERSIDE CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 23 WATERSIDE 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 WATERSIDE 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 WATERSIDE CLOSE?

23 WATERSIDE CLOSE is located in WOLVERHAMPTON, in the WV2 postcode district. The below map shows the position of No. 23 on WATERSIDE CLOSE.