4, VERNON CLOSE, ESSINGTON, WOLVERHAMPTON, WV11 2TG - £230,000

4 VERNON CLOSE is a small extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £230,000 in March 2014, which was around 9% below the average March 2014 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

4 VERNON CLOSE Sold Prices

Land registry data shows five sales for 4 VERNON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the five 4 VERNON 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
2014 21 MAR	£230,000	£252,073	9% below HPI
2006 21 JUL	£209,000	£252,355	17% below HPI
2005 21 JAN	£210,000	£242,787	14% below HPI
2001 9 NOV	£117,000	£140,880	17% below HPI
2000 24 MAR	£91,000	£118,794	23% below HPI

4 VERNON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The five 4 VERNON CLOSE sales between March 2000 and March 2014 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 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2014 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 4 VERNON CLOSE?

4 VERNON CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses in Essington, based on EPC data. The below chart shows the distribution of detached houses by size in Essington, and where 4 VERNON CLOSE lies on this distribution: 22% of detached houses are smaller than 4 VERNON CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Essington.

4 VERNON CLOSE: Plot and Title Map

4 VERNON CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 4 VERNON 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 VERNON 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 VERNON CLOSE?

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