8, CHARLECOTE RISE, WILLENHALL, WV13 3EG - £125,000

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

8 CHARLECOTE RISE is a very small detached house of 54m², built sometime between 1983 and 1990. It was last sold for £125,000 in July 2019, which was around 48% below the average July 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

8 CHARLECOTE RISE Sold Prices

Land registry data shows two sales for 8 CHARLECOTE RISE 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 CHARLECOTE RISE 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 18 JUL	£125,000	£242,694	48% below HPI
2003 22 OCT	£80,000	£158,074	49% below HPI

8 CHARLECOTE RISE 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 CHARLECOTE RISE sales from October 2003 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 October 2003 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the July 2019 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 8 CHARLECOTE RISE?

8 CHARLECOTE RISE is 54m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% 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 CHARLECOTE RISE lies on this distribution: 1% of detached houses are smaller than 8 CHARLECOTE RISE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

8 CHARLECOTE RISE: Plot and Title Map

8 CHARLECOTE RISE sits on a plot of roughly 0.051 of an acre, or 204m². The below map shows the location of 8 CHARLECOTE RISE, 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 CHARLECOTE RISE). 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 CHARLECOTE RISE?

8 CHARLECOTE RISE is located in WILLENHALL, in the WV13 postcode district. The below map shows the position of No. 8 on CHARLECOTE RISE.