14, LARCHMERE DRIVE, ESSINGTON, WOLVERHAMPTON, WV11 2DG - £196,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 LARCHMERE DRIVE is a midsized extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £196,000 in May 2011, which was around 23% below the average May 2011 detached price in the South Staffordshire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

14 LARCHMERE DRIVE Sold Prices

Land registry data shows two sales for 14 LARCHMERE 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 14 LARCHMERE 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
2011 26 MAY	£196,000	£253,456	23% below HPI
1999 29 JAN	£89,500	£107,631	17% below HPI

14 LARCHMERE 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 14 LARCHMERE DRIVE sales from January 1999 and May 2011 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 January 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2011 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 14 LARCHMERE DRIVE?

14 LARCHMERE DRIVE is 108m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the smallest 50% of detached houses in Essington, based on EPC data. The below chart shows the distribution of detached houses by size in Essington, and where 14 LARCHMERE DRIVE lies on this distribution: 41% of detached houses are smaller than 14 LARCHMERE DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Essington.

14 LARCHMERE DRIVE: Plot and Title Map

14 LARCHMERE DRIVE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 14 LARCHMERE 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 14 LARCHMERE 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 14 LARCHMERE DRIVE?

14 LARCHMERE DRIVE is located in ESSINGTON, in the WV11 postcode district. The below map shows the position of No. 14 on LARCHMERE DRIVE.