8, PARK DRIVE, WOLVERHAMPTON, WV4 5AH - £250,000

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

8 PARK DRIVE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £250,000 in June 2010, which was around 34% above the average June 2010 detached price in the Wolverhampton local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

8 PARK DRIVE Sold Prices

Land registry data shows two sales for 8 PARK 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 Wolverhampton local authority area for the corresponding sale date. Both of the two 8 PARK DRIVE sales 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
2010 11 JUN	£250,000	£186,354	34% above HPI
1997 4 AUG	£84,500	£74,427	14% above HPI

8 PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 8 PARK DRIVE sales from August 1997 and June 2010 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 August 1997 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2010 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 8 PARK DRIVE?

8 PARK DRIVE is 78m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 8 PARK DRIVE lies on this distribution: 17% of detached houses are smaller than 8 PARK DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

8 PARK DRIVE: Plot and Title Map

8 PARK DRIVE sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of 8 PARK 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 PARK 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 PARK DRIVE?

8 PARK DRIVE is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 8 on PARK DRIVE.