18, PENKSIDE, COVEN, WOLVERHAMPTON, WV9 5BL - £285,000

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

18 PENKSIDE is a small detached house of 83m², built sometime between 2003 and 2006. It was last sold for £285,000 in February 2020, which was around 11% below the average February 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

18 PENKSIDE Sold Prices

Land registry data shows three sales for 18 PENKSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 18 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
2020 14 FEB	£285,000	£320,008	11% below HPI
2011 2 SEP	£225,000	£250,330	10% below HPI
2003 11 APR	£177,950	£190,064	6% below HPI

18 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 three 18 PENKSIDE sales between April 2003 and February 2020 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 September 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 18 PENKSIDE?

18 PENKSIDE is 83m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 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 18 PENKSIDE lies on this distribution: 25% of detached houses are smaller than 18 PENKSIDE, and 75% of houses are larger. Note that EPC data is not available for all properties in Coven.

18 PENKSIDE: Plot and Title Map

18 PENKSIDE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 18 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 18 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 18 PENKSIDE?

18 PENKSIDE is located in COVEN, in the WV9 postcode district. The below map shows the position of No. 18 on PENKSIDE.