10, LUTLEY CLOSE, WOLVERHAMPTON, WV3 7EX - £195,000

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.

10 LUTLEY CLOSE is a very small terraced house of 63m², built sometime between 1991 and 1995, which could now be worth an estimated £213,061. It was last sold for £195,000 in November 2023, which was around 15% above the average November 2023 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

10 LUTLEY CLOSE Sold Prices

Land registry data shows four sales for 10 LUTLEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. All of the four 10 LUTLEY 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
2023 17 NOV	£195,000	£169,049	15% above HPI
2006 27 MAR	£124,950	£101,510	23% above HPI
2003 4 FEB	£91,000	£63,833	43% above HPI
1997 4 AUG	£57,500	£34,836	65% above HPI

10 LUTLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wolverhampton local authority area over time, sourced from the HPI. The four 10 LUTLEY CLOSE sales between August 1997 and November 2023 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 March 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2023 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 10 LUTLEY CLOSE be worth now?

10 LUTLEY CLOSE might now be worth an estimated £213,061.

This is based on house price inflation of 9.3%, between November 2023 and April 2026, for terraced 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 9.3% inflationary increase is applied to the most recent sale price for 10 LUTLEY CLOSE of £195,000 on 17th November 2023. For the value to have increased from £195,000 to £213,061 over the three years and seven months to April 2026, the following assumptions must hold true:

• The value of 10 LUTLEY CLOSE has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The November 2023 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LUTLEY CLOSE has not materially changed since November 2023.

How Large is 10 LUTLEY CLOSE?

10 LUTLEY CLOSE is 63m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of terraced houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wolverhampton, and where 10 LUTLEY CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 10 LUTLEY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

10 LUTLEY CLOSE: Plot and Title Map

10 LUTLEY CLOSE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 10 LUTLEY 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 10 LUTLEY 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 10 LUTLEY CLOSE?

10 LUTLEY CLOSE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 10 on LUTLEY CLOSE.