36, SEVERN DRIVE, WOLVERHAMPTON, WV6 7QU - £185,000

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.

36 SEVERN DRIVE is a very small terraced house of 63m², built sometime between 1976 and 1982, which could now be worth an estimated £217,453. It was last sold for £185,000 in February 2022, which was around 8% below the average February 2022 terraced price in the South Staffordshire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

36 SEVERN DRIVE Sold Prices

Land registry data shows four sales for 36 SEVERN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the South Staffordshire local authority area for the corresponding sale date. All of the four 36 SEVERN 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 18 FEB	£185,000	£201,435	8% below HPI
2005 19 SEP	£117,500	£128,536	9% below HPI
2003 1 AUG	£92,000	£100,022	8% below HPI
1997 22 AUG	£47,000	£47,628	1% below HPI

36 SEVERN DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Staffordshire local authority area over time, sourced from the HPI. The four 36 SEVERN DRIVE sales between August 1997 and February 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 September 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 36 SEVERN DRIVE be worth now?

36 SEVERN DRIVE might now be worth an estimated £217,453.

This is based on house price inflation of 17.5%, between February 2022 and April 2026, for terraced houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.5% inflationary increase is applied to the most recent sale price for 36 SEVERN DRIVE of £185,000 on 18th February 2022. For the value to have increased from £185,000 to £217,453 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 36 SEVERN DRIVE has moved in line with the HPI for terraced houses in the South Staffordshire local authority area.
• The February 2022 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 36 SEVERN DRIVE has not materially changed since February 2022.

How Large is 36 SEVERN DRIVE?

36 SEVERN DRIVE is 63m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of terraced houses houses in Perton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Perton, and where 36 SEVERN DRIVE lies on this distribution: 5% of terraced houses houses are smaller than 36 SEVERN DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Perton.

36 SEVERN DRIVE: Plot and Title Map

36 SEVERN DRIVE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 36 SEVERN 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 36 SEVERN 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 36 SEVERN DRIVE?

36 SEVERN DRIVE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 36 on SEVERN DRIVE.