101, PENK RISE, WOLVERHAMPTON, WV6 8PX - £315,000

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.

101 PENK RISE is a small detached house of 87m², which could now be worth an estimated £367,093. It was last sold for £315,000 in September 2021, which was around 15% above the average September 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2021, where the current energy rating was B, and the potential energy rating was A.

101 PENK RISE Sold Prices

Land registry data shows two sales for 101 PENK RISE 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. One of the two 101 PENK RISE sales was for above the average price, whilst the other was 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 29 SEP	£315,000	£274,747	15% above HPI
2019 10 JUL	£89,600	£236,358	62% below HPI

101 PENK RISE 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 101 PENK RISE sales from July 2019 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 July 2019 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the September 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 101 PENK RISE be worth now?

101 PENK RISE might now be worth an estimated £367,093.

This is based on house price inflation of 16.5%, between September 2021 and June 2025, for 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 16.5% inflationary increase is applied to the most recent sale price for 101 PENK RISE of £315,000 on 29th September 2021. For the value to have increased from £315,000 to £367,093 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 101 PENK RISE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The September 2021 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 101 PENK RISE has not materially changed since September 2021.

How Large is 101 PENK RISE?

101 PENK RISE is 87m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 30% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 101 PENK RISE lies on this distribution: 26% of detached houses houses are smaller than 101 PENK RISE, and 73% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

101 PENK RISE: Plot and Title Map

101 PENK RISE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 101 PENK RISE, 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 101 PENK RISE). 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 101 PENK RISE?

101 PENK RISE is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 101 on PENK RISE.