12, GIBSON ROAD, PERTON, WOLVERHAMPTON, WV6 7UZ - £132,000

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

12 GIBSON ROAD is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £132,000 in November 2003, which was around 38% below the average November 2003 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

12 GIBSON ROAD Sold Prices

Land registry data shows three sales for 12 GIBSON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 12 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
2003 21 NOV	£132,000	£212,430	38% below HPI
2001 20 APR	£84,950	£131,243	35% below HPI
1997 9 MAY	£59,950	£97,472	38% below HPI

12 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 three 12 GIBSON ROAD sales between May 1997 and November 2003 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 April 2001 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2003 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 12 GIBSON ROAD?

12 GIBSON ROAD is 66m² according to the EPC inspection conducted in September 2009. 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 12 GIBSON ROAD lies on this distribution: 7% of detached houses are smaller than 12 GIBSON ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Perton.

12 GIBSON ROAD: Plot and Title Map

12 GIBSON ROAD sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 12 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 12 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 12 GIBSON ROAD?

12 GIBSON ROAD is located in PERTON, in the WV6 postcode district. The below map shows the position of No. 12 on GIBSON ROAD.