36, MARNEL DRIVE, WOLVERHAMPTON, WV3 7JH - £206,000

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

36 MARNEL DRIVE is a very small extended detached house of 79m², built sometime between 1967 and 1975. It was last sold for £206,000 in March 2020, which was around 18% below the average March 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

36 MARNEL DRIVE Sold Prices

Land registry data shows three sales for 36 MARNEL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 36 MARNEL 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
2020 27 MAR	£206,000	£251,480	18% below HPI
2008 9 APR	£156,000	£205,269	24% below HPI
2002 19 DEC	£94,000	£136,654	31% below HPI

36 MARNEL 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 three 36 MARNEL DRIVE sales between December 2002 and March 2020 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 April 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 36 MARNEL DRIVE?

36 MARNEL DRIVE is 79m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 36 MARNEL DRIVE lies on this distribution: 17% of detached houses are smaller than 36 MARNEL DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

36 MARNEL DRIVE: Plot and Title Map

36 MARNEL DRIVE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 36 MARNEL 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 36 MARNEL 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 36 MARNEL DRIVE?

36 MARNEL DRIVE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 36 on MARNEL DRIVE.