7, ELLARDS DRIVE, WOLVERHAMPTON, WV11 3SP - £141,000

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.

7 ELLARDS DRIVE is a very small semi-detached house of 54m², built sometime between 1930 and 1949, which could now be worth an estimated £183,066. It was last sold for £141,000 in July 2021, which was around 20% below the average July 2021 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

7 ELLARDS DRIVE Sold Prices

Land registry data shows two sales for 7 ELLARDS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 7 ELLARDS 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
2021 23 JUL	£141,000	£177,061	20% below HPI
2014 23 MAY	£85,000	£118,222	28% below HPI

7 ELLARDS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 7 ELLARDS DRIVE sales from May 2014 and July 2021 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 May 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 7 ELLARDS DRIVE be worth now?

7 ELLARDS DRIVE might now be worth an estimated £183,066.

This is based on house price inflation of 29.8%, between July 2021 and April 2026, for semi-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 29.8% inflationary increase is applied to the most recent sale price for 7 ELLARDS DRIVE of £141,000 on 23rd July 2021. For the value to have increased from £141,000 to £183,066 over the five years and three months to April 2026, the following assumptions must hold true:

• The value of 7 ELLARDS DRIVE has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The July 2021 sale price of £141,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ELLARDS DRIVE has not materially changed since July 2021.

How Large is 7 ELLARDS DRIVE?

7 ELLARDS DRIVE is 54m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of semi-detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wolverhampton, and where 7 ELLARDS DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 7 ELLARDS DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

7 ELLARDS DRIVE: Plot and Title Map

7 ELLARDS DRIVE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 7 ELLARDS 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 7 ELLARDS 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 7 ELLARDS DRIVE?

7 ELLARDS DRIVE is located in WOLVERHAMPTON, in the WV11 postcode district. The below map shows the position of No. 7 on ELLARDS DRIVE.