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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

9 TURNPIKE WAY is a small detached house of 93m², built sometime between 1996 and 2002. 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	£245,819	25% below HPI
2001 29 AUG	£115,000	£140,750	18% below HPI
1997 31 OCT	£81,950	£98,154	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 18% below the HPI. So the extrapolation line tracks at 18% 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.

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 in Coven, based on EPC data. The below chart shows the distribution of detached houses by size in Coven, and where 9 TURNPIKE WAY lies on this distribution: 33% of detached 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.