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 LAMORNA CLOSE is a large detached house of 142m², built sometime between 1996 and 2002. It was last sold for £219,000 in September 2002, which was around 73% above the average September 2002 detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 LAMORNA CLOSE since 1st 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 LAMORNA 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 |
---|---|---|---|
2002 20 SEP | £219,000 | £126,892 | 73% above HPI |
2000 24 FEB | £189,950 | £87,346 | 117% above HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 8 LAMORNA CLOSE sales from February 2000 and September 2002 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 February 2000 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the September 2002 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.
8 LAMORNA CLOSE is 142m² according to the EPC inspection conducted in July 2016. 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 LAMORNA CLOSE lies on this distribution: 76% of detached houses are smaller than 8 LAMORNA CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
8 LAMORNA CLOSE sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of 8 LAMORNA 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 LAMORNA 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.
8 LAMORNA CLOSE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 8 on LAMORNA CLOSE.