53, LARCHMERE DRIVE, ESSINGTON, WOLVERHAMPTON, WV11 2DG - £218,000

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.

53 LARCHMERE DRIVE is a very small extended detached house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £367,036. It was last sold for £218,000 in October 2013, which was around 14% below the average October 2013 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

53 LARCHMERE DRIVE Sold Prices

Land registry data shows two sales for 53 LARCHMERE 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 53 LARCHMERE 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 11 OCT	£218,000	£252,077	14% below HPI
2007 26 JUL	£224,000	£269,348	17% below HPI

53 LARCHMERE 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 53 LARCHMERE DRIVE sales from July 2007 and October 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 July 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2013 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 53 LARCHMERE DRIVE be worth now?

53 LARCHMERE DRIVE might now be worth an estimated £367,036.

This is based on house price inflation of 68.4%, between October 2013 and March 2025, for detached 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 68.4% inflationary increase is applied to the most recent sale price for 53 LARCHMERE DRIVE of £218,000 on 11th October 2013. For the value to have increased from £218,000 to £367,036 over the twelve years and seven months to March 2025, the following assumptions must hold true:

• The value of 53 LARCHMERE DRIVE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The October 2013 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 53 LARCHMERE DRIVE has not materially changed since October 2013.

How Large is 53 LARCHMERE DRIVE?

53 LARCHMERE DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses houses in Essington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Essington, and where 53 LARCHMERE DRIVE lies on this distribution: 10% of detached houses houses are smaller than 53 LARCHMERE DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Essington.

53 LARCHMERE DRIVE: Plot and Title Map

53 LARCHMERE DRIVE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 53 LARCHMERE 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 53 LARCHMERE 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 53 LARCHMERE DRIVE?

53 LARCHMERE DRIVE is located in ESSINGTON, in the WV11 postcode district. The below map shows the position of No. 53 on LARCHMERE DRIVE.