18, WARMWELL DRIVE, WOLVERHAMPTON, WV2 2PP - £167,000

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.

18 WARMWELL DRIVE is a very small terraced house of 58m², built in 2016, which could now be worth an estimated £181,001. It was last sold for £167,000 in December 2022, which was around 2% below the average December 2022 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

18 WARMWELL DRIVE Sold Prices

Land registry data shows two sales for 18 WARMWELL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. One of the two 18 WARMWELL DRIVE sales was for below the average price, whilst the other was 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 15 DEC	£167,000	£170,418	2% below HPI
2018 29 JUN	£129,950	£119,781	8% above HPI

18 WARMWELL DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 18 WARMWELL DRIVE sales from June 2018 and December 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 June 2018 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 18 WARMWELL DRIVE be worth now?

18 WARMWELL DRIVE might now be worth an estimated £181,001.

This is based on house price inflation of 8.4%, between December 2022 and April 2026, for terraced houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.4% inflationary increase is applied to the most recent sale price for 18 WARMWELL DRIVE of £167,000 on 15th December 2022. For the value to have increased from £167,000 to £181,001 over the four years and eight months to April 2026, the following assumptions must hold true:

• The value of 18 WARMWELL DRIVE has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The December 2022 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 18 WARMWELL DRIVE has not materially changed since December 2022.

How Large is 18 WARMWELL DRIVE?

18 WARMWELL DRIVE is 58m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of terraced houses houses in Bilston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bilston, and where 18 WARMWELL DRIVE lies on this distribution: 2% of terraced houses houses are smaller than 18 WARMWELL DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Bilston.

18 WARMWELL DRIVE: Plot and Title Map

18 WARMWELL DRIVE sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 18 WARMWELL 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 18 WARMWELL 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 18 WARMWELL DRIVE?

18 WARMWELL DRIVE is located in WOLVERHAMPTON, in the WV2 postcode district. The below map shows the position of No. 18 on WARMWELL DRIVE.