26, LUTLEY CLOSE, WOLVERHAMPTON, WV3 7EX - £105,000

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.

26 LUTLEY CLOSE is a very small terraced house of 62m², built sometime between 1983 and 1990, which could now be worth an estimated £140,565. It was last sold for £105,000 in February 2021, which was around 24% below the average February 2021 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

26 LUTLEY CLOSE Sold Prices

Land registry data shows two sales for 26 LUTLEY 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. One of the two 26 LUTLEY CLOSE sales was for below the average price, whilst the other was 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
2021 25 FEB	£105,000	£137,973	24% below HPI
1999 10 JUN	£56,250	£37,101	52% above HPI

26 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 two 26 LUTLEY CLOSE sales from June 1999 and February 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 June 1999 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the February 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 26 LUTLEY CLOSE be worth now?

26 LUTLEY CLOSE might now be worth an estimated £140,565.

This is based on house price inflation of 33.9%, between February 2021 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 33.9% inflationary increase is applied to the most recent sale price for 26 LUTLEY CLOSE of £105,000 on 25th February 2021. For the value to have increased from £105,000 to £140,565 over the four years and ten months to April 2026, the following assumptions must hold true:

• The value of 26 LUTLEY CLOSE has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The February 2021 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 26 LUTLEY CLOSE has not materially changed since February 2021.

How Large is 26 LUTLEY CLOSE?

26 LUTLEY CLOSE is 62m² according to the EPC inspection conducted in November 2020. 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 26 LUTLEY CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 26 LUTLEY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

26 LUTLEY CLOSE: Plot and Title Map

26 LUTLEY CLOSE sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 26 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 26 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 26 LUTLEY CLOSE?

26 LUTLEY CLOSE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 26 on LUTLEY CLOSE.