12, RICHMOND DRIVE, PERTON, WOLVERHAMPTON, WV6 7RR - £245,000

12 RICHMOND DRIVE is a large extended detached house of 107m², built sometime between 1976 and 1982. It was last sold for £245,000 in June 2020, which was around 28% below the average June 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

12 RICHMOND DRIVE Sold Prices

Land registry data shows three sales for 12 RICHMOND DRIVE 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 12 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
2020 1 JUN	£245,000	£342,566	28% below HPI
2018 24 OCT	£165,000	£321,995	49% below HPI
1995 13 APR	£68,000	£85,590	21% below HPI

12 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 three 12 RICHMOND DRIVE sales between April 1995 and June 2020 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 2018 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the June 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 12 RICHMOND DRIVE?

12 RICHMOND DRIVE is 107m², which includes one extension, according to the EPC inspection conducted in September 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 12 RICHMOND DRIVE lies on this distribution: 61% of detached houses are smaller than 12 RICHMOND DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Perton.

12 RICHMOND DRIVE: Plot and Title Map

12 RICHMOND DRIVE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 12 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 12 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 12 RICHMOND DRIVE?

12 RICHMOND DRIVE is located in PERTON, in the WV6 postcode district. The below map shows the position of No. 12 on RICHMOND DRIVE.