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

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

GORRAN is a very large extended detached house of 205m², built sometime between 1976 and 1982. It was last sold for £575,000 in July 2022, which was around 44% 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	£398,481	44% above HPI
2014 17 OCT	£425,000	£264,573	61% 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 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the July 2022 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

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 in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where GORRAN lies on this distribution: 93% of detached 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.