16, NORTHOVER CLOSE, WOLVERHAMPTON, WV9 5LT - £55,000

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.

16 NORTHOVER CLOSE is a very small flat of 37m², built sometime between 1967 and 1975, which could now be worth an estimated £74,365. It was last sold for £55,000 in November 2017, which was around 34% below the average November 2017 flat price in the Wolverhampton local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was B.

16 NORTHOVER CLOSE Sold Prices

Land registry data shows five sales for 16 NORTHOVER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Wolverhampton local authority area for the corresponding sale date. Most of the five 16 NORTHOVER 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
2017 24 NOV	£55,000	£83,200	34% below HPI
2006 22 NOV	£81,000	£85,080	5% below HPI
2002 18 JAN	£44,950	£40,745	10% above HPI
1996 8 NOV	£30,000	£27,290	10% above HPI
1995 28 FEB	£29,995	£27,657	8% above HPI

What might 16 NORTHOVER CLOSE be worth now?

16 NORTHOVER CLOSE might now be worth an estimated £74,365.

This is based on house price inflation of 35.2%, between November 2017 and April 2026, for flats, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.2% inflationary increase is applied to the most recent sale price for 16 NORTHOVER CLOSE of £55,000 on 24th November 2017. For the value to have increased from £55,000 to £74,365 over the nine years and seven months to April 2026, the following assumptions must hold true:

• The value of 16 NORTHOVER CLOSE has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The November 2017 sale price of £55,000 represented a fair market value for the property.
• The size, condition, and specification of 16 NORTHOVER CLOSE has not materially changed since November 2017.

How Large is 16 NORTHOVER CLOSE?

16 NORTHOVER CLOSE is 37m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of flats in Wolverhampton, based on EPC data. 4% of flats are smaller than 16 NORTHOVER CLOSE, and 96% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

16 NORTHOVER CLOSE: Plot

16 NORTHOVER CLOSE sits on a plot of roughly 0.533 of an acre, or 2,158m².

Where is 16 NORTHOVER CLOSE?

16 NORTHOVER CLOSE is located in WOLVERHAMPTON, in the WV9 postcode district.