53, LEASOWE DRIVE, PERTON, WOLVERHAMPTON, WV6 7TX - £295,000

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

53 LEASOWE DRIVE is a very small detached house of 66m², built sometime between 1976 and 1982. It was last sold for £295,000 in June 2022, which was around 25% below the average June 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

53 LEASOWE DRIVE Sold Prices

Land registry data shows three sales for 53 LEASOWE 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 53 LEASOWE 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 16 JUN	£295,000	£394,793	25% below HPI
2003 10 APR	£125,000	£190,064	34% below HPI
2002 26 APR	£95,500	£147,420	35% below HPI

53 LEASOWE 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 53 LEASOWE DRIVE sales between April 2002 and June 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 April 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 53 LEASOWE DRIVE?

53 LEASOWE DRIVE is 66m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses in Perton, based on EPC data. The below chart shows the distribution of detached houses by size in Perton, and where 53 LEASOWE DRIVE lies on this distribution: 7% of detached houses are smaller than 53 LEASOWE DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Perton.

53 LEASOWE DRIVE: Plot and Title Map

53 LEASOWE DRIVE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 53 LEASOWE 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 53 LEASOWE 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 53 LEASOWE DRIVE?

53 LEASOWE DRIVE is located in PERTON, in the WV6 postcode district. The below map shows the position of No. 53 on LEASOWE DRIVE.