8, COVEN MILL CLOSE, COVEN, WOLVERHAMPTON, WV9 5HX - £480,000

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 COVEN MILL CLOSE is a large detached house of 134m², built sometime from 2007 onwards. It was last sold for £480,000 in September 2021, which was around 29% above the average September 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

8 COVEN MILL CLOSE Sold Prices

Land registry data shows four sales for 8 COVEN MILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 8 COVEN MILL CLOSE 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
2021 13 SEP	£480,000	£372,565	29% above HPI
2020 2 SEP	£430,000	£335,691	28% above HPI
2002 6 NOV	£235,000	£183,096	28% above HPI
1998 18 JUN	£161,000	£102,042	58% above HPI

8 COVEN MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The four 8 COVEN MILL CLOSE sales between June 1998 and September 2021 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 2020 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 8 COVEN MILL CLOSE?

8 COVEN MILL CLOSE is 134m² according to the EPC inspection conducted in August 2019. This puts it in the largest 30% of detached houses in Coven, based on EPC data. The below chart shows the distribution of detached houses by size in Coven, and where 8 COVEN MILL CLOSE lies on this distribution: 73% of detached houses are smaller than 8 COVEN MILL CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Coven.

8 COVEN MILL CLOSE: Plot and Title Map

8 COVEN MILL CLOSE sits on a plot of roughly 0.190 of an acre, or 770m². The below map shows the location of 8 COVEN MILL 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 COVEN MILL 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 COVEN MILL CLOSE?

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