4, WERGS DRIVE, WOLVERHAMPTON, WV6 8TZ - £351,000

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

4 WERGS DRIVE is a small extended detached house of 87m², built sometime between 1930 and 1949. It was last sold for £351,000 in May 2016, which was around 67% above the average May 2016 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

4 WERGS DRIVE Sold Prices

Land registry data shows three sales for 4 WERGS 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 4 WERGS DRIVE sales were for above 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
2016 18 MAY	£351,000	£209,726	67% above HPI
2011 21 JAN	£275,000	£185,647	48% above HPI
2004 26 MAY	£220,125	£164,926	33% above HPI

4 WERGS 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 WERGS DRIVE sales between May 2004 and May 2016 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 2011 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the May 2016 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 4 WERGS DRIVE?

4 WERGS DRIVE is 87m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 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 WERGS DRIVE lies on this distribution: 26% of detached houses are smaller than 4 WERGS DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

4 WERGS DRIVE: Plot and Title Map

4 WERGS DRIVE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 4 WERGS 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 WERGS 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 WERGS DRIVE?

4 WERGS DRIVE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 4 on WERGS DRIVE.