15, SURREY DRIVE, WOLVERHAMPTON, WV3 9LW - £320,750

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 SURREY DRIVE is a small extended detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £372,336. It was last sold for £320,750 in February 2022, which was around 12% above the average February 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

15 SURREY DRIVE Sold Prices

Land registry data shows two sales for 15 SURREY 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. One of the two 15 SURREY DRIVE sales was for above the average price, whilst the other was 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 23 FEB	£320,750	£287,375	12% above HPI
2012 12 JUL	£176,000	£177,931	1% below HPI

15 SURREY 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 15 SURREY DRIVE sales from July 2012 and February 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 July 2012 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 15 SURREY DRIVE be worth now?

15 SURREY DRIVE might now be worth an estimated £372,336.

This is based on house price inflation of 16.1%, between February 2022 and February 2025, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.1% inflationary increase is applied to the most recent sale price for 15 SURREY DRIVE of £320,750 on 23rd February 2022. For the value to have increased from £320,750 to £372,336 over the three years to February 2025, the following assumptions must hold true:

• The value of 15 SURREY DRIVE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The February 2022 sale price of £320,750 represented a fair market value for the property.
• The size, condition, and specification of 15 SURREY DRIVE has not materially changed since February 2022.

How Large is 15 SURREY DRIVE?

15 SURREY DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 15 SURREY DRIVE lies on this distribution: 32% of detached houses houses are smaller than 15 SURREY DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

15 SURREY DRIVE: Plot and Title Map

15 SURREY DRIVE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 15 SURREY 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 15 SURREY 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 15 SURREY DRIVE?

15 SURREY DRIVE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 15 on SURREY DRIVE.