16, VIRGINIA DRIVE, PENN, WOLVERHAMPTON, WV4 5PS - £287,050

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

16 VIRGINIA DRIVE is a midsized detached house of 109m², built sometime between 1996 and 2002. It was last sold for £287,050 in February 2017, which was around 32% above the average February 2017 detached price in the Wolverhampton local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

16 VIRGINIA DRIVE Sold Prices

Land registry data shows three sales for 16 VIRGINIA DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 16 VIRGINIA DRIVE sales were for above 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
2017 23 FEB	£287,050	£217,782	32% above HPI
1999 17 DEC	£129,950	£84,122	54% above HPI
1996 12 JUL	£102,950	£67,134	53% above HPI

16 VIRGINIA 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 three 16 VIRGINIA DRIVE sales between July 1996 and February 2017 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 1999 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the February 2017 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 16 VIRGINIA DRIVE?

16 VIRGINIA DRIVE is 109m² according to the EPC inspection conducted in November 2016. This puts it in the largest 50% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 16 VIRGINIA DRIVE lies on this distribution: 51% of detached houses are smaller than 16 VIRGINIA DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

16 VIRGINIA DRIVE: Plot and Title Map

16 VIRGINIA DRIVE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 16 VIRGINIA 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 16 VIRGINIA 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 16 VIRGINIA DRIVE?

16 VIRGINIA DRIVE is located in PENN, in the WV4 postcode district. The below map shows the position of No. 16 on VIRGINIA DRIVE.