9, RAKEGATE CLOSE, WOLVERHAMPTON, WV10 6US - £163,000

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.

9 RAKEGATE CLOSE is a very small semi-detached house of 67m², which could now be worth an estimated £228,213. It was last sold for £163,000 in May 2019, which was around 7% above the average May 2019 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was June 2013, where the current energy rating was B, and the potential energy rating was B.

9 RAKEGATE CLOSE Sold Prices

Land registry data shows two sales for 9 RAKEGATE 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 9 RAKEGATE 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
2019 29 MAY	£163,000	£152,765	7% above HPI
2013 28 JUN	£139,995	£117,717	19% above HPI

9 RAKEGATE 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 9 RAKEGATE CLOSE sales from June 2013 and May 2019 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 2013 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2019 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 9 RAKEGATE CLOSE be worth now?

9 RAKEGATE CLOSE might now be worth an estimated £228,213.

This is based on house price inflation of 40%, between May 2019 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 40% inflationary increase is applied to the most recent sale price for 9 RAKEGATE CLOSE of £163,000 on 29th May 2019. For the value to have increased from £163,000 to £228,213 over the five years and eleven months to June 2025, the following assumptions must hold true:

• The value of 9 RAKEGATE CLOSE has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The May 2019 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RAKEGATE CLOSE has not materially changed since May 2019.

How Large is 9 RAKEGATE CLOSE?

9 RAKEGATE CLOSE is 67m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% 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 9 RAKEGATE CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 9 RAKEGATE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

9 RAKEGATE CLOSE: Plot and Title Map

9 RAKEGATE CLOSE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 9 RAKEGATE 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 RAKEGATE 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 RAKEGATE CLOSE?

9 RAKEGATE CLOSE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 9 on RAKEGATE CLOSE.