81, SEVERN DRIVE, WOLVERHAMPTON, WV6 7QL - £120,000

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.

81 SEVERN DRIVE is a small terraced house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £170,381. It was last sold for £120,000 in February 2018, which was around 28% below the average February 2018 terraced price in the South Staffordshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

81 SEVERN DRIVE Sold Prices

Land registry data shows two sales for 81 SEVERN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 81 SEVERN 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
2018 20 FEB	£120,000	£166,759	28% below HPI
2018 20 FEB	£60,000	£166,759	64% below HPI

What might 81 SEVERN DRIVE be worth now?

81 SEVERN DRIVE might now be worth an estimated £170,381.

This is based on house price inflation of 42%, between February 2018 and April 2026, for terraced houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42% inflationary increase is applied to the most recent sale price for 81 SEVERN DRIVE of £120,000 on 20th February 2018. For the value to have increased from £120,000 to £170,381 over the seven years and ten months to April 2026, the following assumptions must hold true:

• The value of 81 SEVERN DRIVE has moved in line with the HPI for terraced houses in the South Staffordshire local authority area.
• The February 2018 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 81 SEVERN DRIVE has not materially changed since February 2018.

How Large is 81 SEVERN DRIVE?

81 SEVERN DRIVE is 48m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of terraced houses in Perton, based on EPC data. The below chart shows the distribution of terraced houses by size in Perton, and where 81 SEVERN DRIVE lies on this distribution: 30% of terraced houses are smaller than 81 SEVERN DRIVE, and 69% of terraced houses are larger. Note that EPC data is not available for all properties in Perton.

81 SEVERN DRIVE: Plot

81 SEVERN DRIVE sits on a plot of roughly 0.045 of an acre, or 181m².

Where is 81 SEVERN DRIVE?

81 SEVERN DRIVE is located in WOLVERHAMPTON, in the WV6 postcode district.