15, GOUGH CLOSE, WOLVERHAMPTON, WV11 3LF - £139,995

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.

15 GOUGH CLOSE is a very small terraced house of 55m², built in 2014, which could now be worth an estimated £210,966. It was last sold for £139,995 in August 2018, which was around 14% above the average August 2018 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was A.

15 GOUGH CLOSE Sold Prices

Land registry data shows two sales for 15 GOUGH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 15 GOUGH 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 10 AUG	£139,995	£122,569	14% above HPI
2015 26 JUN	£130,500	£101,649	28% above HPI

15 GOUGH 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 two 15 GOUGH CLOSE sales from June 2015 and August 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 June 2015 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2018 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 15 GOUGH CLOSE be worth now?

15 GOUGH CLOSE might now be worth an estimated £210,966.

This is based on house price inflation of 50.7%, between August 2018 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 50.7% inflationary increase is applied to the most recent sale price for 15 GOUGH CLOSE of £139,995 on 10th August 2018. For the value to have increased from £139,995 to £210,966 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of 15 GOUGH CLOSE has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The August 2018 sale price of £139,995 represented a fair market value for the property.
• The size, condition, and specification of 15 GOUGH CLOSE has not materially changed since August 2018.

How Large is 15 GOUGH CLOSE?

15 GOUGH CLOSE is 55m² according to the EPC inspection conducted in April 2015. 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 15 GOUGH CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 15 GOUGH CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

15 GOUGH CLOSE: Plot and Title Map

15 GOUGH CLOSE sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 15 GOUGH 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 15 GOUGH 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 15 GOUGH CLOSE?

15 GOUGH CLOSE is located in WOLVERHAMPTON, in the WV11 postcode district. The below map shows the position of No. 15 on GOUGH CLOSE.