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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 BALKING CLOSE is a large detached house of 136m², built sometime between 1983 and 1990. It was last sold for £240,000 in July 2019, which was around 1% below 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. Both of the two 8 BALKING 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
2019 9 JUL	£240,000	£242,694	1% below HPI
1996 19 SEP	£65,000	£69,345	6% 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 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2019 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

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 in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 8 BALKING CLOSE lies on this distribution: 73% of detached 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.