GORRAN, FOXLANDS DRIVE, WOLVERHAMPTON, WV4 5NA - £575,000

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.

GORRAN is a very large extended detached house of 205m², built sometime between 1976 and 1982, which could now be worth an estimated £618,840. It was last sold for £575,000 in July 2022, which was around 43% above the average July 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

GORRAN Sold Prices

Land registry data shows two sales for GORRAN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two GORRAN 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
2022 25 JUL	£575,000	£400,755	43% above HPI
2014 17 OCT	£425,000	£266,082	60% above HPI

GORRAN 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 two GORRAN sales from October 2014 and July 2022 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 October 2014 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the July 2022 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might GORRAN be worth now?

GORRAN might now be worth an estimated £618,840.

This is based on house price inflation of 7.6%, between July 2022 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 7.6% inflationary increase is applied to the most recent sale price for GORRAN of £575,000 on 25th July 2022. For the value to have increased from £575,000 to £618,840 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of GORRAN has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The July 2022 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of GORRAN has not materially changed since July 2022.

How Large is GORRAN?

GORRAN is 205m², which includes four extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 10% 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 GORRAN lies on this distribution: 93% of detached houses houses are smaller than GORRAN, and 7% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

GORRAN: Plot and Title Map

GORRAN sits on a plot of roughly 0.392 of an acre, or 1,587m². The below map shows the location of GORRAN, 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 GORRAN). 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 GORRAN?

GORRAN is located on FOXLANDS DRIVE in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of GORRAN on FOXLANDS DRIVE.