38, ELLARDS DRIVE, WOLVERHAMPTON, WV11 3ST - £210,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 ELLARDS DRIVE is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £210,000 in June 2024, which was around 36% below the average June 2024 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

38 ELLARDS DRIVE Sold Prices

Land registry data shows two sales for 38 ELLARDS 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 38 ELLARDS 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
2024 7 JUN	£210,000	£329,792	36% below HPI
1998 31 JUL	£58,000	£75,536	23% below HPI

38 ELLARDS 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 38 ELLARDS DRIVE sales from July 1998 and June 2024 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 July 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2024 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 38 ELLARDS DRIVE?

38 ELLARDS DRIVE is 73m² according to the EPC inspection conducted in April 2024. 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 38 ELLARDS DRIVE lies on this distribution: 11% of detached houses are smaller than 38 ELLARDS DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

38 ELLARDS DRIVE: Plot and Title Map

38 ELLARDS DRIVE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 38 ELLARDS 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 38 ELLARDS 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 38 ELLARDS DRIVE?

38 ELLARDS DRIVE is located in WOLVERHAMPTON, in the WV11 postcode district. The below map shows the position of No. 38 on ELLARDS DRIVE.