9, VERNON CLOSE, ESSINGTON, WOLVERHAMPTON, WV11 2TG - £300,000

9 VERNON CLOSE is a midsized extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £300,000 in July 2020, which was around 12% below the average July 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

9 VERNON CLOSE Sold Prices

Land registry data shows three sales for 9 VERNON 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 South Staffordshire local authority area for the corresponding sale date. All of the three 9 VERNON 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
2020 24 JUL	£300,000	£341,622	12% below HPI
2010 11 MAR	£187,000	£264,502	29% below HPI
2005 29 JUN	£194,000	£235,494	18% below HPI

9 VERNON 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 three 9 VERNON CLOSE sales between June 2005 and July 2020 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 March 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 9 VERNON CLOSE?

9 VERNON CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% of detached houses in Essington, based on EPC data. The below chart shows the distribution of detached houses by size in Essington, and where 9 VERNON CLOSE lies on this distribution: 45% of detached houses are smaller than 9 VERNON CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Essington.

9 VERNON CLOSE: Plot and Title Map

9 VERNON CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 9 VERNON 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 VERNON 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 VERNON CLOSE?

9 VERNON CLOSE is located in ESSINGTON, in the WV11 postcode district. The below map shows the position of No. 9 on VERNON CLOSE.