40, WREKIN DRIVE, BRADMORE, WOLVERHAMPTON, WV3 7HZ - £144,000

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

40 WREKIN DRIVE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £144,000 in August 2008, which was around 28% below the average August 2008 detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

40 WREKIN DRIVE Sold Prices

Land registry data shows two sales for 40 WREKIN 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 40 WREKIN 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
2008 4 AUG	£144,000	£200,342	28% below HPI
2002 19 JUL	£99,500	£122,142	19% below HPI

40 WREKIN 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 40 WREKIN DRIVE sales from July 2002 and August 2008 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 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2008 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 40 WREKIN DRIVE?

40 WREKIN DRIVE is 74m² according to the EPC inspection conducted in February 2020. 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 40 WREKIN DRIVE lies on this distribution: 12% of detached houses are smaller than 40 WREKIN DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

40 WREKIN DRIVE: Plot and Title Map

40 WREKIN DRIVE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 40 WREKIN 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 40 WREKIN 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 40 WREKIN DRIVE?

40 WREKIN DRIVE is located in BRADMORE, in the WV3 postcode district. The below map shows the position of No. 40 on WREKIN DRIVE.