2, WARMWELL DRIVE, WOLVERHAMPTON, WV2 2PP - £265,000

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

2 WARMWELL DRIVE is a small detached house of 90m². It was last sold for £265,000 in May 2022, which was around 14% below the average May 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

2 WARMWELL DRIVE Sold Prices

Land registry data shows two sales for 2 WARMWELL 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 2 WARMWELL 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
2022 27 MAY	£265,000	£309,889	14% below HPI
2018 31 JAN	£199,950	£227,450	12% below HPI

2 WARMWELL 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 2 WARMWELL DRIVE sales from January 2018 and May 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 January 2018 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 WARMWELL DRIVE?

2 WARMWELL DRIVE is 90m² according to the EPC inspection conducted in January 2018. 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 2 WARMWELL DRIVE lies on this distribution: 28% of detached houses are smaller than 2 WARMWELL DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Bilston.

2 WARMWELL DRIVE: Plot and Title Map

2 WARMWELL DRIVE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 2 WARMWELL 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 2 WARMWELL 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 2 WARMWELL DRIVE?

2 WARMWELL DRIVE is located in WOLVERHAMPTON, in the WV2 postcode district. The below map shows the position of No. 2 on WARMWELL DRIVE.