8, BALKING CLOSE, BILSTON, WV14 9XU - £240,000

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 BALKING CLOSE is a large detached house of 136m², built sometime between 1983 and 1990, which could now be worth an estimated £325,117. It was last sold for £240,000 in July 2019, which was around 2% above the average July 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

8 BALKING CLOSE Sold Prices

Land registry data shows two sales for 8 BALKING 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. One of the two 8 BALKING CLOSE sales was for above the average price, whilst the other was 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
2019 9 JUL	£240,000	£236,358	2% above HPI
1996 19 SEP	£65,000	£67,535	4% below HPI

8 BALKING 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 8 BALKING CLOSE sales from September 1996 and July 2019 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 September 1996 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2019 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 8 BALKING CLOSE be worth now?

8 BALKING CLOSE might now be worth an estimated £325,117.

This is based on house price inflation of 35.5%, between July 2019 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 35.5% inflationary increase is applied to the most recent sale price for 8 BALKING CLOSE of £240,000 on 9th July 2019. For the value to have increased from £240,000 to £325,117 over the six years and one month to June 2025, the following assumptions must hold true:

• The value of 8 BALKING CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The July 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BALKING CLOSE has not materially changed since July 2019.

How Large is 8 BALKING CLOSE?

8 BALKING CLOSE is 136m² according to the EPC inspection conducted in February 2019. This puts it in the largest 30% 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 BALKING CLOSE lies on this distribution: 73% of detached houses houses are smaller than 8 BALKING CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

8 BALKING CLOSE: Plot and Title Map

8 BALKING CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 8 BALKING 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 BALKING 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 BALKING CLOSE?

8 BALKING CLOSE is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 8 on BALKING CLOSE.