9, CHEYNEY CLOSE, WOLVERHAMPTON, WV6 0XE - £70,000

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.

9 CHEYNEY CLOSE is a very small terraced house of 48m², built sometime between 1976 and 1982, which could now be worth an estimated £113,640. It was last sold for £70,000 in July 2017, which was around 38% below the average July 2017 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

9 CHEYNEY CLOSE Sold Prices

Land registry data shows five sales for 9 CHEYNEY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. The five 9 CHEYNEY CLOSE sales were a mix of below the average price, and roughly equal to 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
2017 5 JUL	£70,000	£113,775	38% below HPI
2007 31 AUG	£86,000	£113,701	24% below HPI
2002 31 MAY	£49,000	£51,853	6% below HPI
1996 8 AUG	£31,750	£31,767	Close to HPI
1996 8 AUG	£31,750	£31,767	Close to HPI

What might 9 CHEYNEY CLOSE be worth now?

9 CHEYNEY CLOSE might now be worth an estimated £113,640.

This is based on house price inflation of 62.3%, between July 2017 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 62.3% inflationary increase is applied to the most recent sale price for 9 CHEYNEY CLOSE of £70,000 on 5th July 2017. For the value to have increased from £70,000 to £113,640 over the nine years and three months to April 2026, the following assumptions must hold true:

• The value of 9 CHEYNEY CLOSE has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The July 2017 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CHEYNEY CLOSE has not materially changed since July 2017.

How Large is 9 CHEYNEY CLOSE?

9 CHEYNEY CLOSE is 48m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of terraced houses in Wolverhampton, based on EPC data. The below chart shows the distribution of terraced houses by size in Wolverhampton, and where 9 CHEYNEY CLOSE lies on this distribution: 2% of terraced houses are smaller than 9 CHEYNEY CLOSE, and 97% of terraced houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

9 CHEYNEY CLOSE: Plot

9 CHEYNEY CLOSE sits on a plot of roughly 0.104 of an acre, or 419m².

Where is 9 CHEYNEY CLOSE?

9 CHEYNEY CLOSE is located in WOLVERHAMPTON, in the WV6 postcode district.