3, RODWAY CLOSE, WOLVERHAMPTON, WV4 6AX - £182,000

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 RODWAY CLOSE is a midsized detached house of 107m², built sometime between 1967 and 1975. It was last sold for £182,000 in September 2016, which was around 17% below the average September 2016 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

3 RODWAY CLOSE Sold Prices

Land registry data shows two sales for 3 RODWAY 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 RODWAY 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
2016 16 SEP	£182,000	£218,789	17% below HPI
2005 6 MAY	£90,000	£178,436	50% below HPI

3 RODWAY 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 RODWAY CLOSE sales from May 2005 and September 2016 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 May 2005 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the September 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 RODWAY CLOSE?

3 RODWAY CLOSE is 107m² according to the EPC inspection conducted in March 2011. This puts it in the largest 50% 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 RODWAY CLOSE lies on this distribution: 50% of detached houses are smaller than 3 RODWAY CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

3 RODWAY CLOSE: Plot and Title Map

3 RODWAY CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 3 RODWAY 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 RODWAY 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 RODWAY CLOSE?

3 RODWAY CLOSE is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 3 on RODWAY CLOSE.