16, THE PARKLANDS, WOLVERHAMPTON, WV3 9DG - £260,000

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

16 THE PARKLANDS is a large detached house of 126m², built sometime between 1950 and 1966. It was last sold for £260,000 in March 2016, which was around 28% above the average March 2016 detached price in the Wolverhampton local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

16 THE PARKLANDS Sold Prices

Land registry data shows two sales for 16 THE PARKLANDS 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 16 THE PARKLANDS 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
2016 24 MAR	£260,000	£203,446	28% above HPI
1997 14 MAR	£126,000	£70,490	79% above HPI

16 THE PARKLANDS 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 16 THE PARKLANDS sales from March 1997 and March 2016 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 March 1997 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the March 2016 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 16 THE PARKLANDS?

16 THE PARKLANDS is 126m² according to the EPC inspection conducted in September 2016. This puts it in the largest 40% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 16 THE PARKLANDS lies on this distribution: 67% of detached houses are smaller than 16 THE PARKLANDS, and 32% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

16 THE PARKLANDS: Plot and Title Map

16 THE PARKLANDS sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of 16 THE PARKLANDS, 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 16 THE PARKLANDS). 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 16 THE PARKLANDS?

16 THE PARKLANDS is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 16 on THE PARKLANDS.