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
47 GAINSBOROUGH DRIVE is a midsized extended detached house of 105m², built sometime between 1976 and 1982. It was last sold for £445,000 in April 2023, which was around 6% above the average April 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 47 GAINSBOROUGH DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. One of the two 47 GAINSBOROUGH DRIVE sales was for above the average price, whilst the other 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 |
---|---|---|---|
2023 18 APR | £445,000 | £418,775 | 6% above HPI |
2019 12 SEP | £290,000 | £328,152 | 12% below HPI |
The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 47 GAINSBOROUGH DRIVE sales from September 2019 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 2019 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2023 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.
47 GAINSBOROUGH DRIVE is 105m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 40% of detached houses in Perton, based on EPC data. The below chart shows the distribution of detached houses by size in Perton, and where 47 GAINSBOROUGH DRIVE lies on this distribution: 58% of detached houses are smaller than 47 GAINSBOROUGH DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Perton.
47 GAINSBOROUGH DRIVE sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 47 GAINSBOROUGH 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 47 GAINSBOROUGH 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.
47 GAINSBOROUGH DRIVE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 47 on GAINSBOROUGH DRIVE.