22, ELLARDS DRIVE, WOLVERHAMPTON, WV11 3ST - £155,000

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.

22 ELLARDS DRIVE is a very small extended semi-detached house of 65m², built sometime between 1930 and 1949, which could now be worth an estimated £180,132. It was last sold for £155,000 in May 2022, which was around 22% below the average May 2022 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

22 ELLARDS DRIVE Sold Prices

Land registry data shows three sales for 22 ELLARDS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 22 ELLARDS 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
2022 20 MAY	£155,000	£197,812	22% below HPI
2009 29 DEC	£87,500	£121,473	28% below HPI
2005 22 DEC	£110,000	£125,043	12% below HPI

22 ELLARDS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 22 ELLARDS DRIVE sales between December 2005 and May 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 December 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 22 ELLARDS DRIVE be worth now?

22 ELLARDS DRIVE might now be worth an estimated £180,132.

This is based on house price inflation of 16.2%, between May 2022 and April 2026, for semi-detached 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 16.2% inflationary increase is applied to the most recent sale price for 22 ELLARDS DRIVE of £155,000 on 20th May 2022. For the value to have increased from £155,000 to £180,132 over the four years and one month to April 2026, the following assumptions must hold true:

• The value of 22 ELLARDS DRIVE has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The May 2022 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 22 ELLARDS DRIVE has not materially changed since May 2022.

How Large is 22 ELLARDS DRIVE?

22 ELLARDS DRIVE is 65m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of semi-detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wolverhampton, and where 22 ELLARDS DRIVE lies on this distribution: 5% of semi-detached houses houses are smaller than 22 ELLARDS DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

22 ELLARDS DRIVE: Plot and Title Map

22 ELLARDS DRIVE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 22 ELLARDS 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 22 ELLARDS 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 22 ELLARDS DRIVE?

22 ELLARDS DRIVE is located in WOLVERHAMPTON, in the WV11 postcode district. The below map shows the position of No. 22 on ELLARDS DRIVE.