3, HAZELMERE DRIVE, WOLVERHAMPTON, WV3 8HB - £270,000

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

3 HAZELMERE DRIVE is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £270,000 in September 2019, which was around 8% above the average September 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

3 HAZELMERE DRIVE Sold Prices

Land registry data shows two sales for 3 HAZELMERE 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 3 HAZELMERE 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
2019 27 SEP	£270,000	£249,866	8% above HPI
1998 23 NOV	£87,950	£76,052	16% above HPI

3 HAZELMERE 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 3 HAZELMERE DRIVE sales from November 1998 and September 2019 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 November 1998 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2019 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 3 HAZELMERE DRIVE?

3 HAZELMERE DRIVE is 70m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 3 HAZELMERE DRIVE lies on this distribution: 9% of detached houses are smaller than 3 HAZELMERE DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

3 HAZELMERE DRIVE: Plot and Title Map

3 HAZELMERE DRIVE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 3 HAZELMERE 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 3 HAZELMERE 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 3 HAZELMERE DRIVE?

3 HAZELMERE DRIVE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 3 on HAZELMERE DRIVE.