2, MARNEL DRIVE, WOLVERHAMPTON, WV3 7JH - £125,000

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.

2 MARNEL DRIVE is a small extended semi-detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £335,830. It was last sold for £125,000 in April 2003, which was around 46% above the average April 2003 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

2 MARNEL DRIVE Sold Prices

Land registry data shows one sale for 2 MARNEL DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2003 3 APR	£125,000	£85,566	46% above HPI

What might 2 MARNEL DRIVE be worth now?

2 MARNEL DRIVE might now be worth an estimated £335,830.

This is based on house price inflation of 168.7%, between April 2003 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 168.7% inflationary increase is applied to the most recent sale price for 2 MARNEL DRIVE of £125,000 on 3rd April 2003. For the value to have increased from £125,000 to £335,830 over the 23 years to April 2026, the following assumptions must hold true:

• The value of 2 MARNEL DRIVE has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The April 2003 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARNEL DRIVE has not materially changed since April 2003.

How Large is 2 MARNEL DRIVE?

2 MARNEL DRIVE is 75m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of semi-detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Wolverhampton, and where 2 MARNEL DRIVE lies on this distribution: 26% of semi-detached houses are smaller than 2 MARNEL DRIVE, and 72% of semi-detached houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

2 MARNEL DRIVE: Plot

2 MARNEL DRIVE sits on a plot of roughly 0.062 of an acre, or 249m².

Where is 2 MARNEL DRIVE?

2 MARNEL DRIVE is located in WOLVERHAMPTON, in the WV3 postcode district.