8, SUFFOLK CLOSE, WEDNESFIELD, WOLVERHAMPTON, WV11 1LB - £282,500

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 SUFFOLK CLOSE is a midsized extended detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £402,916. It was last sold for £282,500 in October 2018, which was around 21% above the average October 2018 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

8 SUFFOLK CLOSE Sold Prices

Land registry data shows three sales for 8 SUFFOLK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 8 SUFFOLK 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
2018 5 OCT	£282,500	£233,895	21% above HPI
2012 23 NOV	£224,000	£178,305	26% above HPI
1997 21 MAR	£89,750	£68,649	31% above HPI

8 SUFFOLK 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 three 8 SUFFOLK CLOSE sales between March 1997 and October 2018 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 November 2012 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2018 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 8 SUFFOLK CLOSE be worth now?

8 SUFFOLK CLOSE might now be worth an estimated £402,916.

This is based on house price inflation of 42.6%, between October 2018 and February 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 42.6% inflationary increase is applied to the most recent sale price for 8 SUFFOLK CLOSE of £282,500 on 5th October 2018. For the value to have increased from £282,500 to £402,916 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 SUFFOLK CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The October 2018 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 8 SUFFOLK CLOSE has not materially changed since October 2018.

How Large is 8 SUFFOLK CLOSE?

8 SUFFOLK CLOSE is 103m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% 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 SUFFOLK CLOSE lies on this distribution: 45% of detached houses houses are smaller than 8 SUFFOLK CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

8 SUFFOLK CLOSE: Plot and Title Map

8 SUFFOLK CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 8 SUFFOLK 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 SUFFOLK 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 SUFFOLK CLOSE?

8 SUFFOLK CLOSE is located in WEDNESFIELD, in the WV11 postcode district. The below map shows the position of No. 8 on SUFFOLK CLOSE.