78, RICHMOND DRIVE, PERTON, WOLVERHAMPTON, WV6 7RP - £265,000

78 RICHMOND DRIVE is a midsized extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £265,000 in July 2019, which was around 18% below the average July 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

78 RICHMOND DRIVE Sold Prices

Land registry data shows three sales for 78 RICHMOND 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 South Staffordshire local authority area for the corresponding sale date. All of the three 78 RICHMOND 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
2019 11 JUL	£265,000	£322,682	18% below HPI
2003 5 NOV	£180,000	£212,430	15% below HPI
2001 9 APR	£121,000	£131,243	8% below HPI

78 RICHMOND 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 three 78 RICHMOND DRIVE sales between April 2001 and July 2019 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 November 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 78 RICHMOND DRIVE?

78 RICHMOND DRIVE is 101m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Perton, based on EPC data. The below chart shows the distribution of detached houses by size in Perton, and where 78 RICHMOND DRIVE lies on this distribution: 53% of detached houses are smaller than 78 RICHMOND DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Perton.

78 RICHMOND DRIVE: Plot and Title Map

78 RICHMOND DRIVE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 78 RICHMOND 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 78 RICHMOND 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 78 RICHMOND DRIVE?

78 RICHMOND DRIVE is located in PERTON, in the WV6 postcode district. The below map shows the position of No. 78 on RICHMOND DRIVE.