38, STEPHENSON DRIVE, PERTON, WOLVERHAMPTON, WV6 7YB - £192,500

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.

38 STEPHENSON DRIVE is a very small semi-detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £257,765. It was last sold for £192,500 in January 2020, which was around 2% below the average January 2020 semi-detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

38 STEPHENSON DRIVE Sold Prices

Land registry data shows seven sales for 38 STEPHENSON DRIVE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the South Staffordshire local authority area for the corresponding sale date. Most of the seven 38 STEPHENSON 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 31 JAN	£192,500	£196,585	2% below HPI
2016 29 JAN	£153,800	£171,527	10% below HPI
2010 19 APR	£124,995	£158,559	21% below HPI
2001 21 SEP	£80,950	£79,905	1% above HPI
1999 7 MAY	£64,500	£62,860	3% above HPI
1995 13 NOV	£52,500	£53,711	2% below HPI
1995 10 NOV	£53,000	£53,711	1% below HPI

38 STEPHENSON DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The seven 38 STEPHENSON DRIVE sales between November 1995 and January 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 January 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 38 STEPHENSON DRIVE be worth now?

38 STEPHENSON DRIVE might now be worth an estimated £257,765.

This is based on house price inflation of 33.9%, between January 2020 and February 2025, for semi-detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.9% inflationary increase is applied to the most recent sale price for 38 STEPHENSON DRIVE of £192,500 on 31st January 2020. For the value to have increased from £192,500 to £257,765 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 38 STEPHENSON DRIVE has moved in line with the HPI for semi-detached houses in the South Staffordshire local authority area.
• The January 2020 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of 38 STEPHENSON DRIVE has not materially changed since January 2020.

How Large is 38 STEPHENSON DRIVE?

38 STEPHENSON DRIVE is 76m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 20% of semi-detached houses houses in Perton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Perton, and where 38 STEPHENSON DRIVE lies on this distribution: 18% of semi-detached houses houses are smaller than 38 STEPHENSON DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Perton.

38 STEPHENSON DRIVE: Plot and Title Map

38 STEPHENSON DRIVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 38 STEPHENSON 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 STEPHENSON 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 STEPHENSON DRIVE?

38 STEPHENSON DRIVE is located in PERTON, in the WV6 postcode district. The below map shows the position of No. 38 on STEPHENSON DRIVE.