17, PENKSIDE, COVEN, WOLVERHAMPTON, WV9 5BL - £240,000

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

17 PENKSIDE is a small detached house of 104m², built sometime between 1996 and 2002. It was last sold for £240,000 in July 2015, which was around 13% below the average July 2015 detached price in the South Staffordshire local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

17 PENKSIDE Sold Prices

Land registry data shows four sales for 17 PENKSIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Most of the four 17 PENKSIDE 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
2015 30 JUL	£240,000	£274,665	13% below HPI
2005 20 MAY	£205,000	£234,911	13% below HPI
2003 10 JUL	£186,000	£205,187	9% below HPI
2001 30 MAR	£135,000	£130,128	4% above HPI

17 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 four 17 PENKSIDE sales between March 2001 and July 2015 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 May 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2015 sale, which was also at 13% below the HPI.

How Large is 17 PENKSIDE?

17 PENKSIDE is 104m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 40% of detached houses in Coven, based on EPC data. The below chart shows the distribution of detached houses by size in Coven, and where 17 PENKSIDE lies on this distribution: 37% of detached houses are smaller than 17 PENKSIDE, and 63% of houses are larger. Note that EPC data is not available for all properties in Coven.

17 PENKSIDE: Plot and Title Map

17 PENKSIDE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 17 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 17 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 17 PENKSIDE?

17 PENKSIDE is located in COVEN, in the WV9 postcode district. The below map shows the position of No. 17 on PENKSIDE.