12, WERGS DRIVE, WOLVERHAMPTON, WV6 8TZ - £490,000

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.

12 WERGS DRIVE is a large extended detached house of 135m², built sometime between 1950 and 1966, which could now be worth an estimated £742,827. It was last sold for £490,000 in May 2018, which was around 117% above the average May 2018 detached price in the Wolverhampton local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

12 WERGS DRIVE Sold Prices

Land registry data shows one sale for 12 WERGS DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 31 MAY	£490,000	£225,940	117% above HPI

What might 12 WERGS DRIVE be worth now?

12 WERGS DRIVE might now be worth an estimated £742,827.

This is based on house price inflation of 51.6%, between May 2018 and April 2026, 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 51.6% inflationary increase is applied to the most recent sale price for 12 WERGS DRIVE of £490,000 on 31st May 2018. For the value to have increased from £490,000 to £742,827 over the eight years and one month to April 2026, the following assumptions must hold true:

• The value of 12 WERGS DRIVE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The May 2018 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WERGS DRIVE has not materially changed since May 2018.

How Large is 12 WERGS DRIVE?

12 WERGS DRIVE is 135m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 30% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 12 WERGS DRIVE lies on this distribution: 73% of detached houses are smaller than 12 WERGS DRIVE, and 27% of detached houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

12 WERGS DRIVE: Plot

12 WERGS DRIVE sits on a plot of roughly 0.463 of an acre, or 1,873m².

Where is 12 WERGS DRIVE?

12 WERGS DRIVE is located in WOLVERHAMPTON, in the WV6 postcode district.