3, MONUMENT DRIVE, SHARESHILL, WOLVERHAMPTON, WV10 7AF - £190,000

3 MONUMENT DRIVE is a very large extended detached house of 132m², built sometime between 1930 and 1949. It was last sold for £190,000 in May 2013, which was around 23% below the average May 2013 detached price in the South Staffordshire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

3 MONUMENT DRIVE Sold Prices

Land registry data shows two sales for 3 MONUMENT 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 3 MONUMENT 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
2013 24 MAY	£190,000	£246,299	23% below HPI
2008 12 DEC	£145,000	£260,828	44% below HPI

3 MONUMENT 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 3 MONUMENT DRIVE sales from December 2008 and May 2013 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 2008 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2013 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 MONUMENT DRIVE?

3 MONUMENT DRIVE is 132m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 10% of detached houses in Featherstone, based on EPC data. The below chart shows the distribution of detached houses by size in Featherstone, and where 3 MONUMENT DRIVE lies on this distribution: 94% of detached houses are smaller than 3 MONUMENT DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Featherstone.

3 MONUMENT DRIVE: Plot and Title Map

3 MONUMENT DRIVE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 3 MONUMENT 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 3 MONUMENT 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 3 MONUMENT DRIVE?

3 MONUMENT DRIVE is located in SHARESHILL, in the WV10 postcode district. The below map shows the position of No. 3 on MONUMENT DRIVE.