3, HODNET CLOSE, BILSTON, WV14 0UF - £93,000

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

3 HODNET CLOSE is a midsized detached house of 101m², built sometime between 1996 and 2002. It was last sold for £93,000 in June 2001, which was around 5% below the average June 2001 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

3 HODNET CLOSE Sold Prices

Land registry data shows two sales for 3 HODNET 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 HODNET CLOSE sales was for below the average price, whilst the other was for above 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
2001 22 JUN	£93,000	£97,550	5% below HPI
1996 26 JUL	£68,000	£67,134	1% above HPI

3 HODNET 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 HODNET CLOSE sales from July 1996 and June 2001 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 July 1996 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2001 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 3 HODNET CLOSE?

3 HODNET CLOSE is 101m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses by size in Bilston, and where 3 HODNET CLOSE lies on this distribution: 53% of detached houses are smaller than 3 HODNET CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Bilston.

3 HODNET CLOSE: Plot and Title Map

3 HODNET CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 3 HODNET 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 HODNET 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 HODNET CLOSE?

3 HODNET CLOSE is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 3 on HODNET CLOSE.