1, WESTERING PARKWAY, WOLVERHAMPTON, WV10 8TS - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 WESTERING PARKWAY is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £220,000 in September 2021, which was around 22% below the average September 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

1 WESTERING PARKWAY Sold Prices

Land registry data shows two sales for 1 WESTERING PARKWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 1 WESTERING PARKWAY 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
2021 13 SEP	£220,000	£282,112	22% below HPI
2020 5 JUN	£189,995	£250,727	24% below HPI

1 WESTERING PARKWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 1 WESTERING PARKWAY sales from June 2020 and September 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2020 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 WESTERING PARKWAY?

1 WESTERING PARKWAY is 76m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 1 WESTERING PARKWAY lies on this distribution: 14% of detached houses are smaller than 1 WESTERING PARKWAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

1 WESTERING PARKWAY: Plot and Title Map

1 WESTERING PARKWAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 1 WESTERING PARKWAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 WESTERING PARKWAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 WESTERING PARKWAY?

1 WESTERING PARKWAY is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 1 on WESTERING PARKWAY.