7, CRANESBILL CLOSE, FEATHERSTONE, WOLVERHAMPTON, WV10 7TY - £230,000

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.

7 CRANESBILL CLOSE is a large detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £333,709. It was last sold for £230,000 in July 2018, which was around 26% below the average July 2018 detached price in the South Staffordshire local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.

7 CRANESBILL CLOSE Sold Prices

Land registry data shows two sales for 7 CRANESBILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 7 CRANESBILL 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
2018 13 JUL	£230,000	£311,124	26% below HPI
1996 30 JAN	£69,000	£89,474	23% below HPI

7 CRANESBILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 7 CRANESBILL CLOSE sales from January 1996 and July 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 January 1996 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 7 CRANESBILL CLOSE be worth now?

7 CRANESBILL CLOSE might now be worth an estimated £333,709.

This is based on house price inflation of 45.1%, between July 2018 and May 2026, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.1% inflationary increase is applied to the most recent sale price for 7 CRANESBILL CLOSE of £230,000 on 13th July 2018. For the value to have increased from £230,000 to £333,709 over the eight years and two months to May 2026, the following assumptions must hold true:

• The value of 7 CRANESBILL CLOSE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The July 2018 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CRANESBILL CLOSE has not materially changed since July 2018.

How Large is 7 CRANESBILL CLOSE?

7 CRANESBILL CLOSE is 102m² according to the EPC inspection conducted in December 2011. This puts it in the largest 40% of detached houses houses in Featherstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Featherstone, and where 7 CRANESBILL CLOSE lies on this distribution: 65% of detached houses houses are smaller than 7 CRANESBILL CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Featherstone.

7 CRANESBILL CLOSE: Plot and Title Map

7 CRANESBILL CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 7 CRANESBILL 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 7 CRANESBILL 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 7 CRANESBILL CLOSE?

7 CRANESBILL CLOSE is located in FEATHERSTONE, in the WV10 postcode district. The below map shows the position of No. 7 on CRANESBILL CLOSE.