5, VINE CLOSE, WOLVERHAMPTON, WV10 6NG - £120,000

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.

5 VINE CLOSE is a very large flat of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £127,643. It was last sold for £120,000 in April 2022, which was around 13% above the average April 2022 flat price in the Wolverhampton local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

5 VINE CLOSE Sold Prices

Land registry data shows three sales for 5 VINE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Wolverhampton local authority area for the corresponding sale date. All of the three 5 VINE 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
2022 14 APR	£120,000	£105,758	13% above HPI
2018 28 NOV	£103,000	£85,506	20% above HPI
2005 10 JUN	£139,876	£77,237	81% above HPI

What might 5 VINE CLOSE be worth now?

5 VINE CLOSE might now be worth an estimated £127,643.

This is based on house price inflation of 6.4%, between April 2022 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 6.4% inflationary increase is applied to the most recent sale price for 5 VINE CLOSE of £120,000 on 14th April 2022. For the value to have increased from £120,000 to £127,643 over the four years to April 2026, the following assumptions must hold true:

• The value of 5 VINE CLOSE has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The April 2022 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 5 VINE CLOSE has not materially changed since April 2022.

How Large is 5 VINE CLOSE?

5 VINE CLOSE is 72m² according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of flats in Wolverhampton, based on EPC data. 85% of flats are smaller than 5 VINE CLOSE, and 14% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

5 VINE CLOSE: Plot

5 VINE CLOSE sits on a plot of roughly 0.669 of an acre, or 2,708m².

Where is 5 VINE CLOSE?

5 VINE CLOSE is located in WOLVERHAMPTON, in the WV10 postcode district.