9, PARK DRIVE, WOLVERHAMPTON, WV4 5AH - £160,000

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

9 PARK DRIVE is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £160,000 in February 2019, which was around 35% below the average February 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

9 PARK DRIVE Sold Prices

Land registry data shows two sales for 9 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 9 PARK 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
2019 4 FEB	£160,000	£244,344	35% below HPI
2017 7 NOV	£208,000	£228,385	9% below HPI

9 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 9 PARK DRIVE sales from November 2017 and February 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 November 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 9 PARK DRIVE?

9 PARK DRIVE is 80m² according to the EPC inspection conducted in May 2024. 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 9 PARK DRIVE lies on this distribution: 18% of detached houses are smaller than 9 PARK DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

9 PARK DRIVE: Plot and Title Map

9 PARK DRIVE sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of 9 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 9 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 9 PARK DRIVE?

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