116, RICHMOND DRIVE, PERTON, WOLVERHAMPTON, WV6 7UQ - £241,500

116 RICHMOND DRIVE is a large extended detached house of 111m², built sometime between 1976 and 1982. It was last sold for £241,500 in June 2019, which was around 24% below the average June 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

116 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 116 RICHMOND 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 South Staffordshire local authority area for the corresponding sale date. Both of the two 116 RICHMOND 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 14 JUN	£241,500	£319,731	24% below HPI
1996 1 MAR	£65,000	£86,031	24% below HPI

116 RICHMOND DRIVE 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 116 RICHMOND DRIVE sales from March 1996 and June 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 March 1996 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2019 sale, which was also at 24% below the HPI.

How Large is 116 RICHMOND DRIVE?

116 RICHMOND DRIVE is 111m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 40% of detached houses in Perton, based on EPC data. The below chart shows the distribution of detached houses by size in Perton, and where 116 RICHMOND DRIVE lies on this distribution: 68% of detached houses are smaller than 116 RICHMOND DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Perton.

116 RICHMOND DRIVE: Plot and Title Map

116 RICHMOND DRIVE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 116 RICHMOND 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 116 RICHMOND 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 116 RICHMOND DRIVE?

116 RICHMOND DRIVE is located in PERTON, in the WV6 postcode district. The below map shows the position of No. 116 on RICHMOND DRIVE.