5, VIRGINIA DRIVE, PENN, WOLVERHAMPTON, WV4 5PS - £161,000

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 VIRGINIA DRIVE is a very large extended detached house of 179m², built sometime between 1996 and 2002. It was last sold for £161,000 in April 1999, which was around 113% above the average April 1999 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

5 VIRGINIA DRIVE Sold Prices

Land registry data shows two sales for 5 VIRGINIA 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 5 VIRGINIA 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
1999 14 APR	£161,000	£75,612	113% above HPI
1996 17 MAY	£129,950	£68,948	88% above HPI

5 VIRGINIA 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 5 VIRGINIA DRIVE sales from May 1996 and April 1999 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 May 1996 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the April 1999 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.

How Large is 5 VIRGINIA DRIVE?

5 VIRGINIA DRIVE is 179m², which includes one extension, according to the EPC inspection conducted in April 2023. 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 VIRGINIA DRIVE lies on this distribution: 88% of detached houses are smaller than 5 VIRGINIA DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

5 VIRGINIA DRIVE: Plot and Title Map

5 VIRGINIA DRIVE sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 5 VIRGINIA 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 VIRGINIA 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 VIRGINIA DRIVE?

5 VIRGINIA DRIVE is located in PENN, in the WV4 postcode district. The below map shows the position of No. 5 on VIRGINIA DRIVE.