11, GIBSON ROAD, PERTON, WOLVERHAMPTON, WV6 7UZ - £250,000

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

11 GIBSON ROAD is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £250,000 in July 2022, which was around 37% below the average July 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

11 GIBSON ROAD Sold Prices

Land registry data shows five sales for 11 GIBSON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the five 11 GIBSON ROAD 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
2022 15 JUL	£250,000	£398,481	37% below HPI
2009 22 DEC	£154,500	£254,480	39% below HPI
2006 26 MAY	£154,500	£246,233	37% below HPI
1997 21 NOV	£63,000	£97,890	36% below HPI
1997 2 MAY	£63,750	£97,472	35% below HPI

11 GIBSON ROAD 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 five 11 GIBSON ROAD sales between May 1997 and July 2022 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 December 2009 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 11 GIBSON ROAD?

11 GIBSON ROAD is 68m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Perton, based on EPC data. The below chart shows the distribution of detached houses by size in Perton, and where 11 GIBSON ROAD lies on this distribution: 9% of detached houses are smaller than 11 GIBSON ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Perton.

11 GIBSON ROAD: Plot and Title Map

11 GIBSON ROAD sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 11 GIBSON ROAD, 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 11 GIBSON ROAD). 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 11 GIBSON ROAD?

11 GIBSON ROAD is located in PERTON, in the WV6 postcode district. The below map shows the position of No. 11 on GIBSON ROAD.