1, VIRGINIA DRIVE, PENN, WOLVERHAMPTON, WV4 5PS - £185,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 VIRGINIA DRIVE is a very large detached house of 249m², built sometime between 1991 and 1995. It was last sold for £185,000 in September 2000, which was around 98% above the average September 2000 detached price in the Wolverhampton local authority area. The most recent EPC inspection was December 2012, where the current energy rating was B, and the potential energy rating was B.

1 VIRGINIA DRIVE Sold Prices

Land registry data shows two sales for 1 VIRGINIA DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 1 VIRGINIA DRIVE 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
2000 29 SEP	£185,000	£93,295	98% above HPI
1995 27 OCT	£154,950	£69,936	122% above HPI

1 VIRGINIA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 1 VIRGINIA DRIVE sales from October 1995 and September 2000 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 1995 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the September 2000 sale, where it falls to 98% above the HPI. The line then continues to track at 98% above the HPI.

How Large is 1 VIRGINIA DRIVE?

1 VIRGINIA DRIVE is 249m² according to the EPC inspection conducted in December 2012. This puts it in the largest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 1 VIRGINIA DRIVE lies on this distribution: 97% of detached houses are smaller than 1 VIRGINIA DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

1 VIRGINIA DRIVE: Plot and Title Map

1 VIRGINIA DRIVE sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of 1 VIRGINIA DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 VIRGINIA DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 VIRGINIA DRIVE?

1 VIRGINIA DRIVE is located in PENN, in the WV4 postcode district. The below map shows the position of No. 1 on VIRGINIA DRIVE.