51, LARCHMERE DRIVE, ESSINGTON, WOLVERHAMPTON, WV11 2DG - £390,000

51 LARCHMERE DRIVE is a midsized extended detached house of 126m², built sometime between 1983 and 1990. It was last sold for £390,000 in May 2022, which was around 2% below the average May 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was C.

51 LARCHMERE DRIVE Sold Prices

Land registry data shows three sales for 51 LARCHMERE 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 South Staffordshire local authority area for the corresponding sale date. All of the three 51 LARCHMERE 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 20 MAY	£390,000	£399,883	2% below HPI
2017 16 OCT	£290,000	£309,609	6% below HPI
1999 17 DEC	£95,000	£115,526	18% below HPI

51 LARCHMERE 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 three 51 LARCHMERE DRIVE sales between December 1999 and May 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 October 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 51 LARCHMERE DRIVE?

51 LARCHMERE DRIVE is 126m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses in Essington, based on EPC data. The below chart shows the distribution of detached houses by size in Essington, and where 51 LARCHMERE DRIVE lies on this distribution: 60% of detached houses are smaller than 51 LARCHMERE DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Essington.

51 LARCHMERE DRIVE: Plot and Title Map

51 LARCHMERE DRIVE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 51 LARCHMERE 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 51 LARCHMERE 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 51 LARCHMERE DRIVE?

51 LARCHMERE DRIVE is located in ESSINGTON, in the WV11 postcode district. The below map shows the position of No. 51 on LARCHMERE DRIVE.