9, SHETLAND CLOSE, WOLVERHAMPTON, WV6 0UY - £255,000

9 SHETLAND CLOSE is a small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £255,000 in May 2023, which was around 21% below the average May 2023 detached price in the Wolverhampton local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

9 SHETLAND CLOSE Sold Prices

Land registry data shows three sales for 9 SHETLAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 9 SHETLAND 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
2023 26 MAY	£255,000	£323,681	21% below HPI
1999 30 JUN	£66,000	£79,471	17% below HPI
1997 27 MAR	£67,950	£70,490	4% below HPI

9 SHETLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 9 SHETLAND CLOSE sales between March 1997 and May 2023 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 9 SHETLAND CLOSE?

9 SHETLAND CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 30% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 9 SHETLAND CLOSE lies on this distribution: 23% of detached houses are smaller than 9 SHETLAND CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

9 SHETLAND CLOSE: Plot and Title Map

9 SHETLAND CLOSE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 9 SHETLAND 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 SHETLAND 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 SHETLAND CLOSE?

9 SHETLAND CLOSE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 9 on SHETLAND CLOSE.