4, PARK DRIVE, WOLVERHAMPTON, WV4 5AH - £313,700

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

4 PARK DRIVE is a large extended detached house of 143m², built sometime between 1950 and 1966. It was last sold for £313,700 in October 2015, which was around 58% above the average October 2015 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

4 PARK DRIVE Sold Prices

Land registry data shows three sales for 4 PARK 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. Two of the three 4 PARK DRIVE sales were for above the average price, whilst one was 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
2015 7 OCT	£313,700	£198,238	58% above HPI
2014 5 MAR	£215,000	£186,335	15% above HPI
2012 5 OCT	£167,000	£183,285	9% below HPI

4 PARK 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 4 PARK DRIVE sales between October 2012 and October 2015 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 March 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2015 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 4 PARK DRIVE?

4 PARK DRIVE is 143m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 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 4 PARK DRIVE lies on this distribution: 76% of detached houses are smaller than 4 PARK DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

4 PARK DRIVE: Plot and Title Map

4 PARK DRIVE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 4 PARK 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 PARK 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 PARK DRIVE?

4 PARK DRIVE is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 4 on PARK DRIVE.