4, OXTED CLOSE, WOLVERHAMPTON, WV11 3TB - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 OXTED CLOSE is a very small detached house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £305,886. It was last sold for £245,000 in June 2021, which was around 8% below the average June 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

4 OXTED CLOSE Sold Prices

Land registry data shows two sales for 4 OXTED 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 4 OXTED 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 18 JUN	£245,000	£267,192	8% below HPI
1999 13 JUL	£92,500	£77,614	19% above HPI

4 OXTED 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 4 OXTED CLOSE sales from July 1999 and June 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 July 1999 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 4 OXTED CLOSE be worth now?

4 OXTED CLOSE might now be worth an estimated £305,886.

This is based on house price inflation of 24.9%, between June 2021 and February 2025, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.9% inflationary increase is applied to the most recent sale price for 4 OXTED CLOSE of £245,000 on 18th June 2021. For the value to have increased from £245,000 to £305,886 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 4 OXTED CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The June 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OXTED CLOSE has not materially changed since June 2021.

How Large is 4 OXTED CLOSE?

4 OXTED CLOSE is 67m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 4 OXTED CLOSE lies on this distribution: 7% of detached houses houses are smaller than 4 OXTED CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

4 OXTED CLOSE: Plot and Title Map

4 OXTED CLOSE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 4 OXTED 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 OXTED 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 4 OXTED CLOSE?

4 OXTED CLOSE is located in WOLVERHAMPTON, in the WV11 postcode district. The below map shows the position of No. 4 on OXTED CLOSE.