45, MULLION DRIVE, BILSTON, WV14 8GW - £190,000

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

45 MULLION DRIVE is a very small detached house of 84m². It was last sold for £190,000 in February 2019, which was around 22% below the average February 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

45 MULLION DRIVE Sold Prices

Land registry data shows four sales for 45 MULLION DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the four 45 MULLION 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
2019 22 FEB	£190,000	£244,344	22% below HPI
2015 4 DEC	£160,000	£200,646	20% below HPI
2015 27 NOV	£165,000	£199,926	17% below HPI
2013 26 JUL	£174,950	£184,693	5% below HPI

45 MULLION 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 four 45 MULLION DRIVE sales between July 2013 and February 2019 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 December 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 45 MULLION DRIVE?

45 MULLION DRIVE is 84m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 20% of detached houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses by size in Bilston, and where 45 MULLION DRIVE lies on this distribution: 19% of detached houses are smaller than 45 MULLION DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Bilston.

45 MULLION DRIVE: Plot and Title Map

45 MULLION DRIVE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 45 MULLION 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 45 MULLION 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 45 MULLION DRIVE?

45 MULLION DRIVE is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 45 on MULLION DRIVE.