3, MILLWALK DRIVE, WOLVERHAMPTON, WV9 5LG - £157,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MILLWALK DRIVE is a very small detached house of 64m², built sometime between 1996 and 2002, which could now be worth an estimated £273,647. It was last sold for £157,000 in June 2015, which was around 18% below the average June 2015 detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

3 MILLWALK DRIVE Sold Prices

Land registry data shows two sales for 3 MILLWALK 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 MILLWALK 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
2015 29 JUN	£157,000	£191,393	18% below HPI
1998 25 SEP	£59,000	£73,829	20% below HPI

3 MILLWALK 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 MILLWALK DRIVE sales from September 1998 and June 2015 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 September 1998 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 MILLWALK DRIVE be worth now?

3 MILLWALK DRIVE might now be worth an estimated £273,647.

This is based on house price inflation of 74.3%, between June 2015 and February 2025, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.3% inflationary increase is applied to the most recent sale price for 3 MILLWALK DRIVE of £157,000 on 29th June 2015. For the value to have increased from £157,000 to £273,647 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 3 MILLWALK DRIVE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The June 2015 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILLWALK DRIVE has not materially changed since June 2015.

How Large is 3 MILLWALK DRIVE?

3 MILLWALK DRIVE is 64m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 3 MILLWALK DRIVE lies on this distribution: 5% of detached houses houses are smaller than 3 MILLWALK DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

3 MILLWALK DRIVE: Plot and Title Map

3 MILLWALK DRIVE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 3 MILLWALK 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 MILLWALK 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 MILLWALK DRIVE?

3 MILLWALK DRIVE is located in WOLVERHAMPTON, in the WV9 postcode district. The below map shows the position of No. 3 on MILLWALK DRIVE.