10, SHETLAND CLOSE, WOLVERHAMPTON, WV6 0UY - £140,000

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 SHETLAND CLOSE is a very small semi-detached house of 59m², built sometime between 1996 and 2002, which could now be worth an estimated £186,832. It was last sold for £140,000 in March 2021, which was around 19% below the average March 2021 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

10 SHETLAND CLOSE Sold Prices

Land registry data shows six sales for 10 SHETLAND CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. Most of the six 10 SHETLAND CLOSE 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
2021 12 MAR	£140,000	£172,261	19% below HPI
2012 24 FEB	£110,000	£115,193	5% below HPI
2005 4 FEB	£108,000	£115,330	6% below HPI
2004 8 APR	£91,500	£103,252	11% below HPI
2000 29 SEP	£56,000	£54,083	4% above HPI
1996 30 SEP	£45,950	£41,398	11% above HPI

10 SHETLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The six 10 SHETLAND CLOSE sales between September 1996 and March 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 February 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 10 SHETLAND CLOSE be worth now?

10 SHETLAND CLOSE might now be worth an estimated £186,832.

This is based on house price inflation of 33.5%, between March 2021 and April 2026, for semi-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 33.5% inflationary increase is applied to the most recent sale price for 10 SHETLAND CLOSE of £140,000 on 12th March 2021. For the value to have increased from £140,000 to £186,832 over the four years and eleven months to April 2026, the following assumptions must hold true:

• The value of 10 SHETLAND CLOSE has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The March 2021 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SHETLAND CLOSE has not materially changed since March 2021.

How Large is 10 SHETLAND CLOSE?

10 SHETLAND CLOSE is 59m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of semi-detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wolverhampton, and where 10 SHETLAND CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 10 SHETLAND CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

10 SHETLAND CLOSE: Plot and Title Map

10 SHETLAND CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 10 SHETLAND 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 SHETLAND 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 SHETLAND CLOSE?

10 SHETLAND CLOSE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 10 on SHETLAND CLOSE.