37, RAKEGATE CLOSE, WOLVERHAMPTON, WV10 6US - £215,000

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

37 RAKEGATE CLOSE is a small detached house of 91m². It was last sold for £215,000 in August 2021, which was around 23% below the average August 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was September 2012, where the current energy rating was B, and the potential energy rating was B.

37 RAKEGATE CLOSE Sold Prices

Land registry data shows two sales for 37 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 37 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
2021 6 AUG	£215,000	£279,857	23% below HPI
2012 28 SEP	£194,995	£185,839	5% above HPI

37 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 37 RAKEGATE CLOSE sales from September 2012 and August 2021 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 September 2012 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 37 RAKEGATE CLOSE?

37 RAKEGATE CLOSE is 91m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 40% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 37 RAKEGATE CLOSE lies on this distribution: 31% of detached houses are smaller than 37 RAKEGATE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

37 RAKEGATE CLOSE: Plot and Title Map

37 RAKEGATE CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 37 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 37 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 37 RAKEGATE CLOSE?

37 RAKEGATE CLOSE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 37 on RAKEGATE CLOSE.