8, MERE CLOSE, WILLENHALL, WV12 4PT - £175,000

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.

8 MERE CLOSE is a midsized extended semi-detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £278,760. It was last sold for £175,000 in October 2017, which was around 21% above the average October 2017 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

8 MERE CLOSE Sold Prices

Land registry data shows one sale for 8 MERE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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 20 OCT	£175,000	£144,317	21% above HPI

What might 8 MERE CLOSE be worth now?

8 MERE CLOSE might now be worth an estimated £278,760.

This is based on house price inflation of 59.3%, between October 2017 and April 2026, for semi-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 59.3% inflationary increase is applied to the most recent sale price for 8 MERE CLOSE of £175,000 on 20th October 2017. For the value to have increased from £175,000 to £278,760 over the nine years and six months to April 2026, the following assumptions must hold true:

• The value of 8 MERE CLOSE has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The October 2017 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MERE CLOSE has not materially changed since October 2017.

How Large is 8 MERE CLOSE?

8 MERE CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 50% of semi-detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Wolverhampton, and where 8 MERE CLOSE lies on this distribution: 46% of semi-detached houses are smaller than 8 MERE CLOSE, and 51% of semi-detached houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

8 MERE CLOSE: Plot

8 MERE CLOSE sits on a plot of roughly 0.071 of an acre, or 289m².

Where is 8 MERE CLOSE?

8 MERE CLOSE is located in WILLENHALL, in the WV12 postcode district.