18, VIRGINIA DRIVE, PENN, WOLVERHAMPTON, WV4 5PS - £270,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

18 VIRGINIA DRIVE is a midsized extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £270,000 in October 2007, which was around 25% above the average October 2007 detached price in the Wolverhampton local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

18 VIRGINIA DRIVE Sold Prices

Land registry data shows two sales for 18 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 18 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
2007 18 OCT	£270,000	£215,272	25% above HPI
1996 29 MAR	£98,950	£67,626	46% above HPI

18 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 18 VIRGINIA DRIVE sales from March 1996 and October 2007 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 March 1996 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the October 2007 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 18 VIRGINIA DRIVE?

18 VIRGINIA DRIVE is 109m², which includes one extension, according to the EPC inspection conducted in December 2015. 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 18 VIRGINIA DRIVE lies on this distribution: 52% of detached houses are smaller than 18 VIRGINIA DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

18 VIRGINIA DRIVE: Plot and Title Map

18 VIRGINIA DRIVE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 18 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 18 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 18 VIRGINIA DRIVE?

18 VIRGINIA DRIVE is located in PENN, in the WV4 postcode district. The below map shows the position of No. 18 on VIRGINIA DRIVE.