16, LAVENDER CLOSE, PENDEFORD, WOLVERHAMPTON, WV9 5SB - £62,500

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.

16 LAVENDER CLOSE is a small semi-detached house of 93m², built sometime between 1983 and 1990, which could now be worth an estimated £110,560. It was last sold for £62,500 in September 2010, which was around 48% below the average September 2010 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

16 LAVENDER CLOSE Sold Prices

Land registry data shows two sales for 16 LAVENDER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 16 LAVENDER 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
2010 24 SEP	£62,500	£120,909	48% below HPI
1998 30 JAN	£22,500	£44,371	49% below HPI

16 LAVENDER 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 two 16 LAVENDER CLOSE sales from January 1998 and September 2010 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 January 1998 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the September 2010 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 16 LAVENDER CLOSE be worth now?

16 LAVENDER CLOSE might now be worth an estimated £110,560.

This is based on house price inflation of 76.9%, between September 2010 and June 2025, 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 76.9% inflationary increase is applied to the most recent sale price for 16 LAVENDER CLOSE of £62,500 on 24th September 2010. For the value to have increased from £62,500 to £110,560 over the fifteen years and three months to June 2025, the following assumptions must hold true:

• The value of 16 LAVENDER CLOSE has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The September 2010 sale price of £62,500 represented a fair market value for the property.
• The size, condition, and specification of 16 LAVENDER CLOSE has not materially changed since September 2010.

How Large is 16 LAVENDER CLOSE?

16 LAVENDER CLOSE is 93m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 40% 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 16 LAVENDER CLOSE lies on this distribution: 34% of semi-detached houses houses are smaller than 16 LAVENDER CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

16 LAVENDER CLOSE: Plot and Title Map

16 LAVENDER CLOSE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 16 LAVENDER 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 16 LAVENDER 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 16 LAVENDER CLOSE?

16 LAVENDER CLOSE is located in PENDEFORD, in the WV9 postcode district. The below map shows the position of No. 16 on LAVENDER CLOSE.