24, MARNEL DRIVE, WOLVERHAMPTON, WV3 7JH - £162,000

24 MARNEL DRIVE is a very small extended detached house of 76m², built sometime between 1967 and 1975. It was last sold for £162,000 in August 2007, which was around 23% below the average August 2007 detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.

24 MARNEL DRIVE Sold Prices

Land registry data shows three sales for 24 MARNEL 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 Wolverhampton local authority area for the corresponding sale date. All of the three 24 MARNEL 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
2007 3 AUG	£162,000	£211,030	23% below HPI
2000 30 JUN	£72,500	£89,711	19% below HPI
1998 18 DEC	£52,000	£77,275	33% below HPI

24 MARNEL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 24 MARNEL DRIVE sales between December 1998 and August 2007 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 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2007 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 24 MARNEL DRIVE?

24 MARNEL DRIVE is 76m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 24 MARNEL DRIVE lies on this distribution: 14% of detached houses are smaller than 24 MARNEL DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

24 MARNEL DRIVE: Plot and Title Map

24 MARNEL DRIVE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 24 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 24 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 24 MARNEL DRIVE?

24 MARNEL DRIVE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 24 on MARNEL DRIVE.