54, SEVERN DRIVE, WOLVERHAMPTON, WV6 7QL - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

54 SEVERN DRIVE is a very small detached house of 66m², built sometime between 1976 and 1982, which could now be worth an estimated £264,512. It was last sold for £225,000 in June 2021, which was around 39% below the average June 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was C.

54 SEVERN DRIVE Sold Prices

Land registry data shows four sales for 54 SEVERN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 54 SEVERN 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
2021 21 JUN	£225,000	£366,882	39% below HPI
2009 10 SEP	£137,500	£254,214	46% below HPI
2000 19 MAY	£69,500	£126,159	45% below HPI
1995 29 JUN	£51,000	£88,654	42% below HPI

54 SEVERN 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 four 54 SEVERN DRIVE sales between June 1995 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 2009 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the June 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 54 SEVERN DRIVE be worth now?

54 SEVERN DRIVE might now be worth an estimated £264,512.

This is based on house price inflation of 17.6%, between June 2021 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.6% inflationary increase is applied to the most recent sale price for 54 SEVERN DRIVE of £225,000 on 21st June 2021. For the value to have increased from £225,000 to £264,512 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 54 SEVERN DRIVE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The June 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 54 SEVERN DRIVE has not materially changed since June 2021.

How Large is 54 SEVERN DRIVE?

54 SEVERN DRIVE is 66m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 10% of detached houses houses in Perton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Perton, and where 54 SEVERN DRIVE lies on this distribution: 7% of detached houses houses are smaller than 54 SEVERN DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Perton.

54 SEVERN DRIVE: Plot and Title Map

54 SEVERN DRIVE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 54 SEVERN 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 54 SEVERN 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 54 SEVERN DRIVE?

54 SEVERN DRIVE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 54 on SEVERN DRIVE.