6, HODNET CLOSE, BILSTON, WV14 0UF - £186,000

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.

6 HODNET CLOSE is a very large detached house of 150m², built sometime between 1983 and 1990, which could now be worth an estimated £327,394. It was last sold for £186,000 in August 2014, which was around 2% below the average August 2014 detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

6 HODNET CLOSE Sold Prices

Land registry data shows four sales for 6 HODNET CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. two of the four 6 HODNET CLOSE sales were for below the average price, and four were 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
2014 14 AUG	£186,000	£189,522	2% below HPI
2008 22 AUG	£163,000	£195,112	16% below HPI
2002 3 MAY	£114,000	£111,394	2% above HPI
1996 28 JUN	£75,500	£65,481	15% above HPI

6 HODNET 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 four 6 HODNET CLOSE sales between June 1996 and August 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 August 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2014 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 6 HODNET CLOSE be worth now?

6 HODNET CLOSE might now be worth an estimated £327,394.

This is based on house price inflation of 76%, between August 2014 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 76% inflationary increase is applied to the most recent sale price for 6 HODNET CLOSE of £186,000 on 14th August 2014. For the value to have increased from £186,000 to £327,394 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 6 HODNET CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The August 2014 sale price of £186,000 represented a fair market value for the property.
• The size, condition, and specification of 6 HODNET CLOSE has not materially changed since August 2014.

How Large is 6 HODNET CLOSE?

6 HODNET CLOSE is 150m² according to the EPC inspection conducted in February 2011. This puts it in the largest 10% of detached houses houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilston, and where 6 HODNET CLOSE lies on this distribution: 96% of detached houses houses are smaller than 6 HODNET CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Bilston.

6 HODNET CLOSE: Plot and Title Map

6 HODNET CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 6 HODNET 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 6 HODNET 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 6 HODNET CLOSE?

6 HODNET CLOSE is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 6 on HODNET CLOSE.