101, RICHMOND DRIVE, PERTON, WOLVERHAMPTON, WV6 7RP - £120,000

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

101 RICHMOND DRIVE is a small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £120,000 in June 2005, which was around 49% below the average June 2005 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

101 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 101 RICHMOND 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 South Staffordshire local authority area for the corresponding sale date. Both of the two 101 RICHMOND DRIVE sales were for below 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
2005 1 JUN	£120,000	£235,494	49% below HPI
1997 29 AUG	£84,000	£97,985	14% below HPI

101 RICHMOND DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 101 RICHMOND DRIVE sales from August 1997 and June 2005 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 August 1997 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2005 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 101 RICHMOND DRIVE?

101 RICHMOND DRIVE is 89m², which includes two extensions, according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% of detached houses in Perton, based on EPC data. The below chart shows the distribution of detached houses by size in Perton, and where 101 RICHMOND DRIVE lies on this distribution: 34% of detached houses are smaller than 101 RICHMOND DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Perton.

101 RICHMOND DRIVE: Plot and Title Map

101 RICHMOND DRIVE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 101 RICHMOND 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 101 RICHMOND 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 101 RICHMOND DRIVE?

101 RICHMOND DRIVE is located in PERTON, in the WV6 postcode district. The below map shows the position of No. 101 on RICHMOND DRIVE.