8, GIBSON ROAD, PERTON, WOLVERHAMPTON, WV6 7UZ - £202,000

8 GIBSON ROAD is a very small extended detached house of 74m², built sometime between 1983 and 1990. It was last sold for £202,000 in June 2019, which was around 37% below the average June 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

8 GIBSON ROAD Sold Prices

Land registry data shows two sales for 8 GIBSON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 8 GIBSON ROAD 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
2019 21 JUN	£202,000	£319,731	37% below HPI
2001 1 OCT	£80,000	£140,725	43% below HPI

8 GIBSON ROAD 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 two 8 GIBSON ROAD sales from October 2001 and June 2019 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 October 2001 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2019 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 8 GIBSON ROAD?

8 GIBSON ROAD is 74m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses in Perton, based on EPC data. The below chart shows the distribution of detached houses by size in Perton, and where 8 GIBSON ROAD lies on this distribution: 16% of detached houses are smaller than 8 GIBSON ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Perton.

8 GIBSON ROAD: Plot and Title Map

8 GIBSON ROAD sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 8 GIBSON ROAD, 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 GIBSON ROAD). 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 GIBSON ROAD?

8 GIBSON ROAD is located in PERTON, in the WV6 postcode district. The below map shows the position of No. 8 on GIBSON ROAD.