3, LAMORNA CLOSE, WOLVERHAMPTON, WV3 8LG - £318,000

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 LAMORNA CLOSE is a large detached house of 136m², built sometime between 1996 and 2002. It was last sold for £318,000 in October 2015, which was around 60% above the average October 2015 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

3 LAMORNA CLOSE Sold Prices

Land registry data shows two sales for 3 LAMORNA 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 3 LAMORNA CLOSE sales were 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
2015 15 OCT	£318,000	£198,238	60% above HPI
1999 12 NOV	£179,950	£83,931	114% above HPI

3 LAMORNA 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 LAMORNA CLOSE sales from November 1999 and October 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 November 1999 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the October 2015 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 3 LAMORNA CLOSE?

3 LAMORNA CLOSE is 136m² according to the EPC inspection conducted in March 2012. This puts it in the largest 30% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 3 LAMORNA CLOSE lies on this distribution: 74% of detached houses are smaller than 3 LAMORNA CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

3 LAMORNA CLOSE: Plot and Title Map

3 LAMORNA CLOSE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 3 LAMORNA 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 LAMORNA 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 LAMORNA CLOSE?

3 LAMORNA CLOSE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 3 on LAMORNA CLOSE.