9, TURNPIKE WAY, COVEN, WOLVERHAMPTON, WV9 5HY - £185,000

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 TURNPIKE WAY is a small detached house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £322,757. It was last sold for £185,000 in August 2011, which was around 25% below the average August 2011 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

9 TURNPIKE WAY Sold Prices

Land registry data shows three sales for 9 TURNPIKE WAY 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 9 TURNPIKE WAY 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
2011 26 AUG	£185,000	£247,221	25% below HPI
2001 29 AUG	£115,000	£141,552	19% below HPI
1997 31 OCT	£81,950	£98,713	17% below HPI

9 TURNPIKE WAY 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 9 TURNPIKE WAY sales between October 1997 and August 2011 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 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2011 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 9 TURNPIKE WAY be worth now?

9 TURNPIKE WAY might now be worth an estimated £322,757.

This is based on house price inflation of 74.5%, between August 2011 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.5% inflationary increase is applied to the most recent sale price for 9 TURNPIKE WAY of £185,000 on 26th August 2011. For the value to have increased from £185,000 to £322,757 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 9 TURNPIKE WAY has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The August 2011 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 9 TURNPIKE WAY has not materially changed since August 2011.

How Large is 9 TURNPIKE WAY?

9 TURNPIKE WAY is 93m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 40% of detached houses houses in Coven, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coven, and where 9 TURNPIKE WAY lies on this distribution: 33% of detached houses houses are smaller than 9 TURNPIKE WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Coven.

9 TURNPIKE WAY: Plot and Title Map

9 TURNPIKE WAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 9 TURNPIKE WAY, 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 TURNPIKE WAY). 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 TURNPIKE WAY?

9 TURNPIKE WAY is located in COVEN, in the WV9 postcode district. The below map shows the position of No. 9 on TURNPIKE WAY.