4, ARROW DRIVE, ALBRIGHTON, WOLVERHAMPTON, WV7 3PF - £287,700

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.

4 ARROW DRIVE is a midsized extended detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £389,919. It was last sold for £287,700 in June 2018, which was around 7% below the average June 2018 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

4 ARROW DRIVE Sold Prices

Land registry data shows two sales for 4 ARROW 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 Shropshire local authority area for the corresponding sale date. Both of the two 4 ARROW 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
2018 29 JUN	£287,700	£307,892	7% below HPI
1997 9 OCT	£82,500	£97,210	15% below HPI

4 ARROW DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 4 ARROW DRIVE sales from October 1997 and June 2018 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 October 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 4 ARROW DRIVE be worth now?

4 ARROW DRIVE might now be worth an estimated £389,919.

This is based on house price inflation of 35.5%, between June 2018 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.5% inflationary increase is applied to the most recent sale price for 4 ARROW DRIVE of £287,700 on 29th June 2018. For the value to have increased from £287,700 to £389,919 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 4 ARROW DRIVE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2018 sale price of £287,700 represented a fair market value for the property.
• The size, condition, and specification of 4 ARROW DRIVE has not materially changed since June 2018.

How Large is 4 ARROW DRIVE?

4 ARROW DRIVE is 111m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 50% of detached houses houses in Albrighton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Albrighton, and where 4 ARROW DRIVE lies on this distribution: 49% of detached houses houses are smaller than 4 ARROW DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Albrighton.

4 ARROW DRIVE: Plot and Title Map

4 ARROW DRIVE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 4 ARROW 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 4 ARROW 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 4 ARROW DRIVE?

4 ARROW DRIVE is located in ALBRIGHTON, in the WV7 postcode district. The below map shows the position of No. 4 on ARROW DRIVE.