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
4 EMERALD CLOSE is a very small detached house of 75m². It was last sold for £180,000 in May 2022, which was around 42% below the average May 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 4 EMERALD CLOSE since 1st 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 4 EMERALD 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 |
---|---|---|---|
2022 4 MAY | £180,000 | £309,889 | 42% below HPI |
2017 27 JUN | £124,549 | £220,997 | 44% below HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 4 EMERALD CLOSE sales from June 2017 and May 2022 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 June 2017 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.
4 EMERALD CLOSE is 75m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses by size in Bilston, and where 4 EMERALD CLOSE lies on this distribution: 8% of detached houses are smaller than 4 EMERALD CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Bilston.
4 EMERALD CLOSE sits on a plot of roughly 0.188 of an acre, or 762m². The below map shows the location of 4 EMERALD 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 4 EMERALD 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.
4 EMERALD CLOSE is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 4 on EMERALD CLOSE.