2, LARCHMERE DRIVE, ESSINGTON, WOLVERHAMPTON, WV11 2DG - £235,000

2 LARCHMERE DRIVE is a small extended detached house of 106m², built sometime between 1983 and 1990. It was last sold for £235,000 in July 2015, which was around 14% below the average July 2015 detached price in the South Staffordshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

2 LARCHMERE DRIVE Sold Prices

Land registry data shows two sales for 2 LARCHMERE 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 2 LARCHMERE 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
2015 31 JUL	£235,000	£274,665	14% below HPI
2001 30 MAY	£125,000	£137,204	9% below HPI

2 LARCHMERE 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 2 LARCHMERE DRIVE sales from May 2001 and July 2015 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 May 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 LARCHMERE DRIVE?

2 LARCHMERE DRIVE is 106m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Essington, based on EPC data. The below chart shows the distribution of detached houses by size in Essington, and where 2 LARCHMERE DRIVE lies on this distribution: 40% of detached houses are smaller than 2 LARCHMERE DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Essington.

2 LARCHMERE DRIVE: Plot and Title Map

2 LARCHMERE DRIVE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 2 LARCHMERE 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 2 LARCHMERE 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 2 LARCHMERE DRIVE?

2 LARCHMERE DRIVE is located in ESSINGTON, in the WV11 postcode district. The below map shows the position of No. 2 on LARCHMERE DRIVE.