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
19 MULLION DRIVE is a small extended detached house of 87m², built sometime from 2012 onwards. It was last sold for £260,000 in May 2024, which was around 19% below the average May 2024 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 19 MULLION DRIVE since 1st 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 19 MULLION 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 |
---|---|---|---|
2024 10 MAY | £260,000 | £320,562 | 19% below HPI |
2014 30 OCT | £182,000 | £194,991 | 7% below HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 19 MULLION DRIVE sales from October 2014 and May 2024 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 October 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2024 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
19 MULLION DRIVE is 87m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of detached houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses by size in Bilston, and where 19 MULLION DRIVE lies on this distribution: 25% of detached houses are smaller than 19 MULLION DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Bilston.
19 MULLION DRIVE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 19 MULLION 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 19 MULLION 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.
19 MULLION DRIVE is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 19 on MULLION DRIVE.