34, MARNEL DRIVE, WOLVERHAMPTON, WV3 7JH - £123,000

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.

34 MARNEL DRIVE is a very small extended detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £230,634. It was last sold for £123,000 in March 2012, which was around 31% below the average March 2012 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

34 MARNEL DRIVE Sold Prices

Land registry data shows three sales for 34 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 34 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
2012 15 MAR	£123,000	£177,909	31% below HPI
2001 7 SEP	£89,500	£100,352	11% below HPI
1996 26 JUL	£58,000	£65,381	11% below HPI

34 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 34 MARNEL DRIVE sales between July 1996 and March 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 September 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2012 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 34 MARNEL DRIVE be worth now?

34 MARNEL DRIVE might now be worth an estimated £230,634.

This is based on house price inflation of 87.5%, between March 2012 and February 2025, for 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 87.5% inflationary increase is applied to the most recent sale price for 34 MARNEL DRIVE of £123,000 on 15th March 2012. For the value to have increased from £123,000 to £230,634 over the thirteen years and one month to February 2025, the following assumptions must hold true:

• The value of 34 MARNEL DRIVE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The March 2012 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 34 MARNEL DRIVE has not materially changed since March 2012.

How Large is 34 MARNEL DRIVE?

34 MARNEL DRIVE is 79m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 34 MARNEL DRIVE lies on this distribution: 17% of detached houses houses are smaller than 34 MARNEL DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

34 MARNEL DRIVE: Plot and Title Map

34 MARNEL DRIVE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 34 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 34 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 34 MARNEL DRIVE?

34 MARNEL DRIVE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 34 on MARNEL DRIVE.