10, PENKSIDE, COVEN, WOLVERHAMPTON, WV9 5BL - £375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 PENKSIDE is a large extended detached house of 141m², built sometime between 1996 and 2002. It was last sold for £375,000 in September 2019, which was around 14% above the average September 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

10 PENKSIDE Sold Prices

Land registry data shows two sales for 10 PENKSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 10 PENKSIDE sales were for above 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
2019 2 SEP	£375,000	£328,152	14% above HPI
2002 28 JUN	£229,950	£163,519	41% above HPI

10 PENKSIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 10 PENKSIDE sales from June 2002 and September 2019 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 2002 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2019 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 10 PENKSIDE?

10 PENKSIDE is 141m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% of detached houses in Coven, based on EPC data. The below chart shows the distribution of detached houses by size in Coven, and where 10 PENKSIDE lies on this distribution: 79% of detached houses are smaller than 10 PENKSIDE, and 21% of houses are larger. Note that EPC data is not available for all properties in Coven.

10 PENKSIDE: Plot and Title Map

10 PENKSIDE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 10 PENKSIDE, 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 10 PENKSIDE). 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 10 PENKSIDE?

10 PENKSIDE is located in COVEN, in the WV9 postcode district. The below map shows the position of No. 10 on PENKSIDE.