8, STEPHENSON DRIVE, PERTON, WOLVERHAMPTON, WV6 7YB - £129,950

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 STEPHENSON DRIVE is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £129,950 in September 2002, which was around 25% below the average September 2002 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

8 STEPHENSON DRIVE Sold Prices

Land registry data shows three sales for 8 STEPHENSON 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 8 STEPHENSON 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
2002 6 SEP	£129,950	£172,522	25% below HPI
1997 27 JAN	£71,000	£93,919	24% below HPI
1995 28 JUL	£65,000	£89,973	28% below HPI

8 STEPHENSON 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 8 STEPHENSON DRIVE sales between July 1995 and September 2002 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 January 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2002 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 STEPHENSON DRIVE?

8 STEPHENSON DRIVE is 76m² according to the EPC inspection conducted in March 2024. 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 STEPHENSON DRIVE lies on this distribution: 18% of detached houses are smaller than 8 STEPHENSON DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Perton.

8 STEPHENSON DRIVE: Plot and Title Map

8 STEPHENSON DRIVE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 8 STEPHENSON 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 STEPHENSON 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 STEPHENSON DRIVE?

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