8, NEEDWOOD CLOSE, WOLVERHAMPTON, WV2 4PP - £27,000

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 NEEDWOOD CLOSE is a large flat of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £115,969. It was last sold for £27,000 in February 1997, which was around 3% above the average February 1997 flat price in the Wolverhampton local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

8 NEEDWOOD CLOSE Sold Prices

Land registry data shows one sale for 8 NEEDWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
1997 21 FEB	£27,000	£26,191	3% above HPI

What might 8 NEEDWOOD CLOSE be worth now?

8 NEEDWOOD CLOSE might now be worth an estimated £115,969.

This is based on house price inflation of 329.5%, between February 1997 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 329.5% inflationary increase is applied to the most recent sale price for 8 NEEDWOOD CLOSE of £27,000 on 21st February 1997. For the value to have increased from £27,000 to £115,969 over the 28 years and ten months to April 2026, the following assumptions must hold true:

• The value of 8 NEEDWOOD CLOSE has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The February 1997 sale price of £27,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NEEDWOOD CLOSE has not materially changed since February 1997.

How Large is 8 NEEDWOOD CLOSE?

8 NEEDWOOD CLOSE is 64m² according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of flats in Wolverhampton, based on EPC data. 69% of flats are smaller than 8 NEEDWOOD CLOSE, and 28% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

8 NEEDWOOD CLOSE: Plot

8 NEEDWOOD CLOSE sits on a plot of roughly 0.129 of an acre, or 522m².

Where is 8 NEEDWOOD CLOSE?

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