5, BOWOOD DRIVE, WOLVERHAMPTON, WV6 9AW - £618,000

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

5 BOWOOD DRIVE is a very large extended detached house of 157m², built sometime between 1983 and 1990. It was last sold for £618,000 in June 2021, which was around 125% above the average June 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

5 BOWOOD DRIVE Sold Prices

Land registry data shows three sales for 5 BOWOOD 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 5 BOWOOD 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
2021 25 JUN	£618,000	£274,355	125% above HPI
2002 6 SEP	£325,000	£126,892	156% above HPI
2000 22 MAY	£240,000	£88,227	172% above HPI

5 BOWOOD 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 5 BOWOOD DRIVE sales between May 2000 and June 2021 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 2002 sale was for 156% above the HPI. So the extrapolation line tracks at 156% above the HPI over time, until the June 2021 sale, where it falls to 125% above the HPI. The line then continues to track at 125% above the HPI.

How Large is 5 BOWOOD DRIVE?

5 BOWOOD DRIVE is 157m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 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 5 BOWOOD DRIVE lies on this distribution: 82% of detached houses are smaller than 5 BOWOOD DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

5 BOWOOD DRIVE: Plot and Title Map

5 BOWOOD DRIVE sits on a plot of roughly 0.225 of an acre, or 912m². The below map shows the location of 5 BOWOOD 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 5 BOWOOD 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 5 BOWOOD DRIVE?

5 BOWOOD DRIVE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 5 on BOWOOD DRIVE.