7, GAINSBOROUGH DRIVE, WOLVERHAMPTON, WV6 7NR - £343,000

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

7 GAINSBOROUGH DRIVE is a very large extended detached house of 143m², built sometime between 1967 and 1975. It was last sold for £343,000 in August 2022, which was around 15% below the average August 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

7 GAINSBOROUGH DRIVE Sold Prices

Land registry data shows three sales for 7 GAINSBOROUGH 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 7 GAINSBOROUGH 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 31 AUG	£343,000	£403,614	15% below HPI
2008 20 MAY	£170,000	£258,985	34% below HPI
2000 27 JUN	£95,000	£128,804	26% below HPI

7 GAINSBOROUGH 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 7 GAINSBOROUGH DRIVE sales between June 2000 and August 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 May 2008 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 GAINSBOROUGH DRIVE?

7 GAINSBOROUGH DRIVE is 143m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 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 7 GAINSBOROUGH DRIVE lies on this distribution: 94% of detached houses are smaller than 7 GAINSBOROUGH DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Perton.

7 GAINSBOROUGH DRIVE: Plot and Title Map

7 GAINSBOROUGH DRIVE sits on a plot of roughly 0.094 of an acre, or 378m². The below map shows the location of 7 GAINSBOROUGH 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 GAINSBOROUGH 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 GAINSBOROUGH DRIVE?

7 GAINSBOROUGH DRIVE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 7 on GAINSBOROUGH DRIVE.