5, KERRIDGE CLOSE, WOLVERHAMPTON, WV9 5LU - £242,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 KERRIDGE CLOSE is a very small extended detached house of 81m², built sometime between 1976 and 1982. It was last sold for £242,000 in October 2021, which was around 15% below the average October 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

5 KERRIDGE CLOSE Sold Prices

Land registry data shows two sales for 5 KERRIDGE 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. Both of the two 5 KERRIDGE 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
2021 18 OCT	£242,000	£284,963	15% below HPI
2014 12 FEB	£155,000	£188,695	18% below HPI

5 KERRIDGE 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 5 KERRIDGE CLOSE sales from February 2014 and October 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 February 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 KERRIDGE CLOSE?

5 KERRIDGE CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 5 KERRIDGE CLOSE lies on this distribution: 19% of detached houses are smaller than 5 KERRIDGE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

5 KERRIDGE CLOSE: Plot and Title Map

5 KERRIDGE CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 5 KERRIDGE 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 5 KERRIDGE 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 5 KERRIDGE CLOSE?

5 KERRIDGE CLOSE is located in WOLVERHAMPTON, in the WV9 postcode district. The below map shows the position of No. 5 on KERRIDGE CLOSE.