23, NEEDWOOD CLOSE, WOLVERHAMPTON, WV2 4PP - £124,950

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.

23 NEEDWOOD CLOSE is a midsized extended terraced house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £205,271. It was last sold for £124,950 in July 2007, which was around 11% above the average July 2007 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was C.

23 NEEDWOOD CLOSE Sold Prices

Land registry data shows one sale for 23 NEEDWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2007 6 JUL	£124,950	£112,432	11% above HPI

What might 23 NEEDWOOD CLOSE be worth now?

23 NEEDWOOD CLOSE might now be worth an estimated £205,271.

This is based on house price inflation of 64.3%, between July 2007 and April 2026, for terraced 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 64.3% inflationary increase is applied to the most recent sale price for 23 NEEDWOOD CLOSE of £124,950 on 6th July 2007. For the value to have increased from £124,950 to £205,271 over the nineteen years and three months to April 2026, the following assumptions must hold true:

• The value of 23 NEEDWOOD CLOSE has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The July 2007 sale price of £124,950 represented a fair market value for the property.
• The size, condition, and specification of 23 NEEDWOOD CLOSE has not materially changed since July 2007.

How Large is 23 NEEDWOOD CLOSE?

23 NEEDWOOD CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 50% of terraced houses in Wolverhampton, based on EPC data. The below chart shows the distribution of terraced houses by size in Wolverhampton, and where 23 NEEDWOOD CLOSE lies on this distribution: 50% of terraced houses are smaller than 23 NEEDWOOD CLOSE, and 50% of terraced houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

23 NEEDWOOD CLOSE: Plot

23 NEEDWOOD CLOSE sits on a plot of roughly 0.036 of an acre, or 144m².

Where is 23 NEEDWOOD CLOSE?

23 NEEDWOOD CLOSE is located in WOLVERHAMPTON, in the WV2 postcode district.