17, VIRGINIA DRIVE, PENN, WOLVERHAMPTON, WV4 5PS - £295,000

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

17 VIRGINIA DRIVE is a midsized detached house of 110m², built sometime between 1996 and 2002. It was last sold for £295,000 in January 2017, which was around 37% above the average January 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.

17 VIRGINIA DRIVE Sold Prices

Land registry data shows two sales for 17 VIRGINIA 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. Both of the two 17 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 30 JAN	£295,000	£215,528	37% above HPI
1996 31 MAY	£109,950	£68,948	59% above HPI

17 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 two 17 VIRGINIA DRIVE sales from May 1996 and January 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 May 1996 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the January 2017 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 17 VIRGINIA DRIVE?

17 VIRGINIA DRIVE is 110m² 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 17 VIRGINIA DRIVE lies on this distribution: 53% of detached houses are smaller than 17 VIRGINIA DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

17 VIRGINIA DRIVE: Plot and Title Map

17 VIRGINIA DRIVE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 17 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 17 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 17 VIRGINIA DRIVE?

17 VIRGINIA DRIVE is located in PENN, in the WV4 postcode district. The below map shows the position of No. 17 on VIRGINIA DRIVE.