3, LUTLEY CLOSE, WOLVERHAMPTON, WV3 7EX - £116,000

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.

3 LUTLEY CLOSE is a very small terraced house of 44m², built sometime between 1967 and 1975, which could now be worth an estimated £210,779. It was last sold for £116,000 in October 2005, which was around 14% above the average October 2005 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was C.

3 LUTLEY CLOSE Sold Prices

Land registry data shows two sales for 3 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. Both of the two 3 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
2005 7 OCT	£116,000	£101,651	14% above HPI
2004 9 JAN	£84,000	£77,582	8% above HPI

3 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 3 LUTLEY CLOSE sales from January 2004 and October 2005 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 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2005 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 3 LUTLEY CLOSE be worth now?

3 LUTLEY CLOSE might now be worth an estimated £210,779.

This is based on house price inflation of 81.7%, between October 2005 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 81.7% inflationary increase is applied to the most recent sale price for 3 LUTLEY CLOSE of £116,000 on 7th October 2005. For the value to have increased from £116,000 to £210,779 over the 21 years and six months to April 2026, the following assumptions must hold true:

• The value of 3 LUTLEY CLOSE has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The October 2005 sale price of £116,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LUTLEY CLOSE has not materially changed since October 2005.

How Large is 3 LUTLEY CLOSE?

3 LUTLEY CLOSE is 44m² according to the EPC inspection conducted in July 2024. 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 3 LUTLEY CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 3 LUTLEY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

3 LUTLEY CLOSE: Plot and Title Map

3 LUTLEY CLOSE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 3 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 3 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 3 LUTLEY CLOSE?

3 LUTLEY CLOSE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 3 on LUTLEY CLOSE.