8, ALDERTON DRIVE, WOLVERHAMPTON, WV3 7JZ - £130,000

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.

8 ALDERTON DRIVE is a very small semi-detached house of 62m², built sometime between 1976 and 1982, which could now be worth an estimated £188,912. It was last sold for £130,000 in October 2018, which was around 14% below the average October 2018 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

8 ALDERTON DRIVE Sold Prices

Land registry data shows three sales for 8 ALDERTON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. One of the three 8 ALDERTON DRIVE sales was for below the average price, whilst two were for above 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
2018 22 OCT	£130,000	£151,974	14% below HPI
2011 24 JUN	£122,450	£117,959	4% above HPI
2000 1 SEP	£56,000	£54,083	4% above HPI

8 ALDERTON DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 8 ALDERTON DRIVE sales between September 2000 and October 2018 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 June 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 8 ALDERTON DRIVE be worth now?

8 ALDERTON DRIVE might now be worth an estimated £188,912.

This is based on house price inflation of 45.3%, between October 2018 and March 2025, for semi-detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.3% inflationary increase is applied to the most recent sale price for 8 ALDERTON DRIVE of £130,000 on 22nd October 2018. For the value to have increased from £130,000 to £188,912 over the seven years and seven months to March 2025, the following assumptions must hold true:

• The value of 8 ALDERTON DRIVE has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The October 2018 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ALDERTON DRIVE has not materially changed since October 2018.

How Large is 8 ALDERTON DRIVE?

8 ALDERTON DRIVE is 62m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 10% of semi-detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wolverhampton, and where 8 ALDERTON DRIVE lies on this distribution: 4% of semi-detached houses houses are smaller than 8 ALDERTON DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

8 ALDERTON DRIVE: Plot and Title Map

8 ALDERTON DRIVE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 8 ALDERTON 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 8 ALDERTON 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 8 ALDERTON DRIVE?

8 ALDERTON DRIVE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 8 on ALDERTON DRIVE.