38, MARNEL DRIVE, WOLVERHAMPTON, WV3 7JH - £56,000

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.

38 MARNEL DRIVE is a midsized extended semi-detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £292,716. It was last sold for £56,000 in August 1997, which was around 27% above the average August 1997 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

38 MARNEL DRIVE Sold Prices

Land registry data shows one sale for 38 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
1997 15 AUG	£56,000	£44,246	27% above HPI

What might 38 MARNEL DRIVE be worth now?

38 MARNEL DRIVE might now be worth an estimated £292,716.

This is based on house price inflation of 422.7%, between August 1997 and May 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 422.7% inflationary increase is applied to the most recent sale price for 38 MARNEL DRIVE of £56,000 on 15th August 1997. For the value to have increased from £56,000 to £292,716 over the 29 years and three months to May 2026, the following assumptions must hold true:

• The value of 38 MARNEL DRIVE has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The August 1997 sale price of £56,000 represented a fair market value for the property.
• The size, condition, and specification of 38 MARNEL DRIVE has not materially changed since August 1997.

How Large is 38 MARNEL DRIVE?

38 MARNEL DRIVE is 85m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 50% 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 38 MARNEL DRIVE lies on this distribution: 52% of semi-detached houses are smaller than 38 MARNEL DRIVE, and 45% of semi-detached houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

38 MARNEL DRIVE: Plot

38 MARNEL DRIVE sits on a plot of roughly 0.044 of an acre, or 179m².

Where is 38 MARNEL DRIVE?

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