36, RAKEGATE CLOSE, WOLVERHAMPTON, WV10 6US - £300,000

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

36 RAKEGATE CLOSE is a midsized detached house of 106m², built sometime from 2012 onwards. It was last sold for £300,000 in March 2023, which was around 7% below the average March 2023 detached price in the Wolverhampton local authority area. The most recent EPC inspection was September 2022, where the current energy rating was B, and the potential energy rating was B.

36 RAKEGATE CLOSE Sold Prices

Land registry data shows two sales for 36 RAKEGATE 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 36 RAKEGATE 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
2023 24 MAR	£300,000	£323,231	7% below HPI
2013 28 MAR	£219,995	£187,000	18% above HPI

36 RAKEGATE 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 36 RAKEGATE CLOSE sales from March 2013 and March 2023 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 March 2013 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 36 RAKEGATE CLOSE?

36 RAKEGATE CLOSE is 106m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 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 36 RAKEGATE CLOSE lies on this distribution: 48% of detached houses are smaller than 36 RAKEGATE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

36 RAKEGATE CLOSE: Plot and Title Map

36 RAKEGATE CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 36 RAKEGATE 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 36 RAKEGATE 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 36 RAKEGATE CLOSE?

36 RAKEGATE CLOSE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 36 on RAKEGATE CLOSE.