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 SHERINGTON DRIVE is a small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £230,000 in March 2022, which was around 24% below the average March 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 3 SHERINGTON DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the four 3 SHERINGTON 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 14 MAR | £230,000 | £300,720 | 24% below HPI |
2022 11 JAN | £160,000 | £288,157 | 44% below HPI |
2020 26 AUG | £160,000 | £255,851 | 37% below HPI |
2020 22 JUL | £114,500 | £252,746 | 55% below HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The four 3 SHERINGTON DRIVE sales between July 2020 and March 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 2022 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
3 SHERINGTON DRIVE is 84m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 30% 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 SHERINGTON DRIVE lies on this distribution: 22% of detached houses are smaller than 3 SHERINGTON DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
3 SHERINGTON DRIVE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 3 SHERINGTON 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 SHERINGTON 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.
3 SHERINGTON DRIVE is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 3 on SHERINGTON DRIVE.