45, STEPHENSON DRIVE, PERTON, WOLVERHAMPTON, WV6 7YA - £245,000

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 STEPHENSON DRIVE is a very small detached house of 65m², built sometime between 1976 and 1982. It was last sold for £245,000 in April 2023, which was around 41% below the average April 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

45 STEPHENSON DRIVE Sold Prices

Land registry data shows four sales for 45 STEPHENSON 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 South Staffordshire local authority area for the corresponding sale date. All of the four 45 STEPHENSON 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
2023 5 APR	£245,000	£418,775	41% below HPI
2003 30 SEP	£74,246	£208,033	64% below HPI
2002 24 JAN	£93,750	£143,662	35% below HPI
1997 23 JAN	£71,000	£93,919	24% below HPI

45 STEPHENSON DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The four 45 STEPHENSON DRIVE sales between January 1997 and April 2023 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 September 2003 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the April 2023 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 45 STEPHENSON DRIVE?

45 STEPHENSON DRIVE is 65m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Perton, based on EPC data. The below chart shows the distribution of detached houses by size in Perton, and where 45 STEPHENSON DRIVE lies on this distribution: 5% of detached houses are smaller than 45 STEPHENSON DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Perton.

45 STEPHENSON DRIVE: Plot and Title Map

45 STEPHENSON DRIVE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 45 STEPHENSON 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 STEPHENSON 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 STEPHENSON DRIVE?

45 STEPHENSON DRIVE is located in PERTON, in the WV6 postcode district. The below map shows the position of No. 45 on STEPHENSON DRIVE.