50, MERCURY DRIVE, WOLVERHAMPTON, WV10 6DG - £276,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

50 MERCURY DRIVE is a small detached house of 90m². It was last sold for £276,000 in October 2022, which was around 15% below the average October 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was A.

50 MERCURY DRIVE Sold Prices

Land registry data shows two sales for 50 MERCURY 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 50 MERCURY 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
2022 21 OCT	£276,000	£324,903	15% below HPI
2019 29 NOV	£229,995	£251,616	9% below HPI

50 MERCURY 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 50 MERCURY DRIVE sales from November 2019 and October 2022 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 November 2019 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 50 MERCURY DRIVE?

50 MERCURY DRIVE is 90m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 50 MERCURY DRIVE lies on this distribution: 29% of detached houses are smaller than 50 MERCURY DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

50 MERCURY DRIVE: Plot and Title Map

50 MERCURY DRIVE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 50 MERCURY 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 50 MERCURY 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 50 MERCURY DRIVE?

50 MERCURY DRIVE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 50 on MERCURY DRIVE.