7, THE CHASE, WOLVERHAMPTON, WV6 0WZ - £137,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 THE CHASE is a very small semi-detached house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £281,699. It was last sold for £137,000 in June 2004, which was around 29% above the average June 2004 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

7 THE CHASE Sold Prices

Land registry data shows three sales for 7 THE CHASE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 7 THE CHASE sales 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
2004 10 JUN	£137,000	£106,019	29% above HPI
2001 30 APR	£69,950	£54,530	28% above HPI
1998 27 MAR	£59,150	£44,134	34% above HPI

7 THE CHASE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 7 THE CHASE sales between March 1998 and June 2004 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 April 2001 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the June 2004 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 7 THE CHASE be worth now?

7 THE CHASE might now be worth an estimated £281,699.

This is based on house price inflation of 105.6%, between June 2004 and December 2024, for semi-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 105.6% inflationary increase is applied to the most recent sale price for 7 THE CHASE of £137,000 on 10th June 2004. For the value to have increased from £137,000 to £281,699 over the nineteen years and six months to December 2024, the following assumptions must hold true:

• The value of 7 THE CHASE has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The June 2004 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE CHASE has not materially changed since June 2004.

How Large is 7 THE CHASE?

7 THE CHASE is 66m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of semi-detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wolverhampton, and where 7 THE CHASE lies on this distribution: 6% of semi-detached houses houses are smaller than 7 THE CHASE, and 93% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

7 THE CHASE: Plot and Title Map

7 THE CHASE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 7 THE CHASE, 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 7 THE CHASE). 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 7 THE CHASE?

7 THE CHASE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 7 on THE CHASE.