9, LUTLEY CLOSE, WOLVERHAMPTON, WV3 7EX - £123,500

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.

9 LUTLEY CLOSE is a very small terraced house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £208,592. It was last sold for £123,500 in July 2015, which was around 22% above the average July 2015 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

9 LUTLEY CLOSE Sold Prices

Land registry data shows two sales for 9 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 9 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
2015 1 JUL	£123,500	£101,255	22% above HPI
2006 7 APR	£120,000	£102,333	17% above HPI

9 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 9 LUTLEY CLOSE sales from April 2006 and July 2015 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 April 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2015 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 9 LUTLEY CLOSE be worth now?

9 LUTLEY CLOSE might now be worth an estimated £208,592.

This is based on house price inflation of 68.9%, between July 2015 and June 2025, 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 68.9% inflationary increase is applied to the most recent sale price for 9 LUTLEY CLOSE of £123,500 on 1st July 2015. For the value to have increased from £123,500 to £208,592 over the ten years and one month to June 2025, the following assumptions must hold true:

• The value of 9 LUTLEY CLOSE has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The July 2015 sale price of £123,500 represented a fair market value for the property.
• The size, condition, and specification of 9 LUTLEY CLOSE has not materially changed since July 2015.

How Large is 9 LUTLEY CLOSE?

9 LUTLEY CLOSE is 61m² according to the EPC inspection conducted in January 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 9 LUTLEY CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 9 LUTLEY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

9 LUTLEY CLOSE: Plot and Title Map

9 LUTLEY CLOSE sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 9 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 9 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 9 LUTLEY CLOSE?

9 LUTLEY CLOSE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 9 on LUTLEY CLOSE.