8, ALVERSTOKE CLOSE, WOLVERHAMPTON, WV9 5PS - £168,000

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.

8 ALVERSTOKE CLOSE is a very small detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £215,118. It was last sold for £168,000 in September 2020, which was around 33% below the average September 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

8 ALVERSTOKE CLOSE Sold Prices

Land registry data shows five sales for 8 ALVERSTOKE 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 Wolverhampton local authority area for the corresponding sale date. All of the five 8 ALVERSTOKE 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
2020 30 SEP	£168,000	£250,052	33% below HPI
2014 17 DEC	£135,000	£189,161	29% below HPI
2002 31 JUL	£89,995	£118,953	24% below HPI
2000 4 AUG	£63,500	£88,454	28% below HPI
1998 22 MAY	£57,000	£73,692	23% below HPI

8 ALVERSTOKE 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 five 8 ALVERSTOKE CLOSE sales between May 1998 and September 2020 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 December 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 8 ALVERSTOKE CLOSE be worth now?

8 ALVERSTOKE CLOSE might now be worth an estimated £215,118.

This is based on house price inflation of 28%, between September 2020 and June 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 28% inflationary increase is applied to the most recent sale price for 8 ALVERSTOKE CLOSE of £168,000 on 30th September 2020. For the value to have increased from £168,000 to £215,118 over the five years and three months to June 2025, the following assumptions must hold true:

• The value of 8 ALVERSTOKE CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The September 2020 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ALVERSTOKE CLOSE has not materially changed since September 2020.

How Large is 8 ALVERSTOKE CLOSE?

8 ALVERSTOKE CLOSE is 65m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 8 ALVERSTOKE CLOSE lies on this distribution: 5% of detached houses houses are smaller than 8 ALVERSTOKE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

8 ALVERSTOKE CLOSE: Plot and Title Map

8 ALVERSTOKE CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 8 ALVERSTOKE 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 8 ALVERSTOKE 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 8 ALVERSTOKE CLOSE?

8 ALVERSTOKE CLOSE is located in WOLVERHAMPTON, in the WV9 postcode district. The below map shows the position of No. 8 on ALVERSTOKE CLOSE.