3, GOUGH CLOSE, WOLVERHAMPTON, WV11 3LF - £191,950

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.

3 GOUGH CLOSE is a small detached house of 85m², which could now be worth an estimated £334,564. It was last sold for £191,950 in June 2015, which was about the average June 2015 detached price in the Wolverhampton local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was A.

3 GOUGH CLOSE Sold Prices

Land registry data shows two sales for 3 GOUGH 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. One of the two 3 GOUGH CLOSE sales was roughly equal to the average price, whilst the other was 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
2015 26 JUN	£191,950	£191,393	Close to HPI
2015 25 JUN	£19,289	£191,393	90% below HPI

3 GOUGH 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 3 GOUGH CLOSE sales from June 2015 and June 2015 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 June 2015 sale was for 90% below the HPI. So the extrapolation line tracks at 90% below the HPI over time, until the June 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 GOUGH CLOSE be worth now?

3 GOUGH CLOSE might now be worth an estimated £334,564.

This is based on house price inflation of 74.3%, between June 2015 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 74.3% inflationary increase is applied to the most recent sale price for 3 GOUGH CLOSE of £191,950 on 26th June 2015. For the value to have increased from £191,950 to £334,564 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 3 GOUGH CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The June 2015 sale price of £191,950 represented a fair market value for the property.
• The size, condition, and specification of 3 GOUGH CLOSE has not materially changed since June 2015.

How Large is 3 GOUGH CLOSE?

3 GOUGH CLOSE is 85m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% 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 3 GOUGH CLOSE lies on this distribution: 24% of detached houses houses are smaller than 3 GOUGH CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

3 GOUGH CLOSE: Plot and Title Map

3 GOUGH CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 3 GOUGH 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 3 GOUGH 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 3 GOUGH CLOSE?

3 GOUGH CLOSE is located in WOLVERHAMPTON, in the WV11 postcode district. The below map shows the position of No. 3 on GOUGH CLOSE.