9, LARKSWOOD DRIVE, WOLVERHAMPTON, WV4 4UB - £309,000

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.

9 LARKSWOOD DRIVE is a midsized extended detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £394,587. It was last sold for £309,000 in December 2020, which was around 18% above the average December 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

9 LARKSWOOD DRIVE Sold Prices

Land registry data shows two sales for 9 LARKSWOOD 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 9 LARKSWOOD 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
2020 22 DEC	£309,000	£261,236	18% above HPI
2011 14 JUN	£245,000	£182,618	34% above HPI

9 LARKSWOOD 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 9 LARKSWOOD DRIVE sales from June 2011 and December 2020 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the December 2020 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 9 LARKSWOOD DRIVE be worth now?

9 LARKSWOOD DRIVE might now be worth an estimated £394,587.

This is based on house price inflation of 27.7%, between December 2020 and February 2025, for 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 27.7% inflationary increase is applied to the most recent sale price for 9 LARKSWOOD DRIVE of £309,000 on 22nd December 2020. For the value to have increased from £309,000 to £394,587 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 9 LARKSWOOD DRIVE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The December 2020 sale price of £309,000 represented a fair market value for the property.
• The size, condition, and specification of 9 LARKSWOOD DRIVE has not materially changed since December 2020.

How Large is 9 LARKSWOOD DRIVE?

9 LARKSWOOD DRIVE is 109m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 9 LARKSWOOD DRIVE lies on this distribution: 51% of detached houses houses are smaller than 9 LARKSWOOD DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

9 LARKSWOOD DRIVE: Plot and Title Map

9 LARKSWOOD DRIVE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 9 LARKSWOOD 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 9 LARKSWOOD 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 9 LARKSWOOD DRIVE?

9 LARKSWOOD DRIVE is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 9 on LARKSWOOD DRIVE.