18, FURNACE DRIVE, WOLVERHAMPTON, WV2 2FF - £242,995

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.

18 FURNACE DRIVE is a midsized detached house of 107m², built in 2020, which could now be worth an estimated £326,272. It was last sold for £242,995 in October 2020, which was around 5% below the average October 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2020, where the current energy rating was A, and the potential energy rating was A.

18 FURNACE DRIVE Sold Prices

Land registry data shows one sale for 18 FURNACE 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
2020 16 OCT	£242,995	£256,065	5% below HPI

What might 18 FURNACE DRIVE be worth now?

18 FURNACE DRIVE might now be worth an estimated £326,272.

This is based on house price inflation of 34.3%, between October 2020 and May 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 34.3% inflationary increase is applied to the most recent sale price for 18 FURNACE DRIVE of £242,995 on 16th October 2020. For the value to have increased from £242,995 to £326,272 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 18 FURNACE DRIVE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The October 2020 sale price of £242,995 represented a fair market value for the property.
• The size, condition, and specification of 18 FURNACE DRIVE has not materially changed since October 2020.

How Large is 18 FURNACE DRIVE?

18 FURNACE DRIVE is 107m² according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 18 FURNACE DRIVE lies on this distribution: 49% of detached houses are smaller than 18 FURNACE DRIVE, and 50% of detached houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

18 FURNACE DRIVE: Plot

18 FURNACE DRIVE sits on a plot of roughly 0.064 of an acre, or 261m².

Where is 18 FURNACE DRIVE?

18 FURNACE DRIVE is located in WOLVERHAMPTON, in the WV2 postcode district.