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
6 HODNET CLOSE is a very large detached house of 150m², built sometime between 1983 and 1990. It was last sold for £186,000 in August 2014, which was around 4% 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.
Land registry data shows four sales for 6 HODNET CLOSE since 1st 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, whilst one 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 |
---|---|---|---|
2014 14 AUG | £186,000 | £194,603 | 4% below HPI |
2008 22 AUG | £163,000 | £200,342 | 19% below HPI |
2002 3 MAY | £114,000 | £114,380 | Close to HPI |
1996 28 JUN | £75,500 | £67,236 | 12% above HPI |
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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2014 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
6 HODNET CLOSE is 150m² according to the EPC inspection conducted in February 2011. This puts it in the largest 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 6 HODNET CLOSE lies on this distribution: 96% of detached 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 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.
6 HODNET CLOSE is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 6 on HODNET CLOSE.