20, LUTLEY CLOSE, WOLVERHAMPTON, WV3 7EX - £240,000

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.

20 LUTLEY CLOSE is a small extended detached house of 93m², built sometime between 1991 and 1995, which could now be worth an estimated £369,716. It was last sold for £240,000 in October 2017, which was around 8% above the average October 2017 detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

20 LUTLEY CLOSE Sold Prices

Land registry data shows one sale for 20 LUTLEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 17 OCT	£240,000	£222,345	8% above HPI

What might 20 LUTLEY CLOSE be worth now?

20 LUTLEY CLOSE might now be worth an estimated £369,716.

This is based on house price inflation of 54%, between October 2017 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 54% inflationary increase is applied to the most recent sale price for 20 LUTLEY CLOSE of £240,000 on 17th October 2017. For the value to have increased from £240,000 to £369,716 over the nine years and six months to April 2026, the following assumptions must hold true:

• The value of 20 LUTLEY CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The October 2017 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 20 LUTLEY CLOSE has not materially changed since October 2017.

How Large is 20 LUTLEY CLOSE?

20 LUTLEY CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 20 LUTLEY CLOSE lies on this distribution: 33% of detached houses are smaller than 20 LUTLEY CLOSE, and 66% of detached houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

20 LUTLEY CLOSE: Plot

20 LUTLEY CLOSE sits on a plot of roughly 0.117 of an acre, or 473m².

Where is 20 LUTLEY CLOSE?

20 LUTLEY CLOSE is located in WOLVERHAMPTON, in the WV3 postcode district.