23, MARNEL DRIVE, WOLVERHAMPTON, WV3 7JQ - £134,000

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.

23 MARNEL DRIVE is a very small terraced house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £238,939. It was last sold for £134,000 in December 2012, which was around 40% above the average December 2012 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

23 MARNEL DRIVE Sold Prices

Land registry data shows three sales for 23 MARNEL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. All of the three 23 MARNEL DRIVE sales were 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
2012 11 DEC	£134,000	£95,910	40% above HPI
1999 26 MAR	£44,000	£34,651	27% above HPI
1996 14 JUN	£39,000	£32,119	21% above HPI

23 MARNEL 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 three 23 MARNEL DRIVE sales between June 1996 and December 2012 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 1999 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2012 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 23 MARNEL DRIVE be worth now?

23 MARNEL DRIVE might now be worth an estimated £238,939.

This is based on house price inflation of 78.3%, between December 2012 and June 2025, 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 78.3% inflationary increase is applied to the most recent sale price for 23 MARNEL DRIVE of £134,000 on 11th December 2012. For the value to have increased from £134,000 to £238,939 over the thirteen years and six months to June 2025, the following assumptions must hold true:

• The value of 23 MARNEL DRIVE has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The December 2012 sale price of £134,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MARNEL DRIVE has not materially changed since December 2012.

How Large is 23 MARNEL DRIVE?

23 MARNEL DRIVE is 74m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of terraced houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wolverhampton, and where 23 MARNEL DRIVE lies on this distribution: 12% of terraced houses houses are smaller than 23 MARNEL DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

23 MARNEL DRIVE: Plot and Title Map

23 MARNEL DRIVE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 23 MARNEL 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 23 MARNEL 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 23 MARNEL DRIVE?

23 MARNEL DRIVE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 23 on MARNEL DRIVE.