2, SHETLAND CLOSE, WOLVERHAMPTON, WV6 0UY - £121,950

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.

2 SHETLAND CLOSE is a detached house, which could now be worth an estimated £387,098. It was last sold for £121,950 in April 2002, which was around 13% above the average April 2002 detached price in the Wolverhampton local authority area.

2 SHETLAND CLOSE Sold Prices

Land registry data shows three sales for 2 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 2 SHETLAND 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
2002 5 APR	£121,950	£107,906	13% above HPI
2001 11 MAY	£94,000	£93,235	1% above HPI
1997 15 AUG	£79,700	£72,484	10% above HPI

What might 2 SHETLAND CLOSE be worth now?

2 SHETLAND CLOSE might now be worth an estimated £387,098.

This is based on house price inflation of 217.4%, between April 2002 and April 2026, for 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 217.4% inflationary increase is applied to the most recent sale price for 2 SHETLAND CLOSE of £121,950 on 5th April 2002. For the value to have increased from £121,950 to £387,098 over the 24 years to April 2026, the following assumptions must hold true:

• The value of 2 SHETLAND CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The April 2002 sale price of £121,950 represented a fair market value for the property.
• The size, condition, and specification of 2 SHETLAND CLOSE has not materially changed since April 2002.

Where is 2 SHETLAND CLOSE?

2 SHETLAND CLOSE is located in WOLVERHAMPTON, in the WV6 postcode district.