7, ARROW DRIVE, ALBRIGHTON, WOLVERHAMPTON, WV7 3PF - £241,500

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

7 ARROW DRIVE is a midsized extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £241,500 in July 2014, which was around 6% below the average July 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

7 ARROW DRIVE Sold Prices

Land registry data shows two sales for 7 ARROW 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 Shropshire local authority area for the corresponding sale date. Both of the two 7 ARROW 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
2014 28 JUL	£241,500	£257,803	6% below HPI
2002 31 MAY	£137,500	£149,374	8% below HPI

7 ARROW DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 7 ARROW DRIVE sales from May 2002 and July 2014 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 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2014 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 7 ARROW DRIVE?

7 ARROW DRIVE is 106m², which includes three extensions, according to the EPC inspection conducted in July 2013. This puts it in the smallest 50% of detached houses in Albrighton, based on EPC data. The below chart shows the distribution of detached houses by size in Albrighton, and where 7 ARROW DRIVE lies on this distribution: 46% of detached houses are smaller than 7 ARROW DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Albrighton.

7 ARROW DRIVE: Plot and Title Map

7 ARROW DRIVE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 7 ARROW 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 7 ARROW 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 7 ARROW DRIVE?

7 ARROW DRIVE is located in ALBRIGHTON, in the WV7 postcode district. The below map shows the position of No. 7 on ARROW DRIVE.