18, THE PARKLANDS, WOLVERHAMPTON, WV3 9DG - £485,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 THE PARKLANDS is a very large extended detached house of 194m², built sometime between 1950 and 1966. It was last sold for £485,000 in October 2020, which was around 84% above the average October 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was D.

18 THE PARKLANDS Sold Prices

Land registry data shows two sales for 18 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 18 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
2020 30 OCT	£485,000	£262,930	84% above HPI
2003 7 FEB	£262,000	£140,476	87% above HPI

18 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 18 THE PARKLANDS sales from February 2003 and October 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 February 2003 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the October 2020 sale, where it falls to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is 18 THE PARKLANDS?

18 THE PARKLANDS is 194m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 18 THE PARKLANDS lies on this distribution: 92% of detached houses are smaller than 18 THE PARKLANDS, and 8% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

18 THE PARKLANDS: Plot and Title Map

18 THE PARKLANDS sits on a plot of roughly 0.265 of an acre, or 1,072m². The below map shows the location of 18 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 18 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 18 THE PARKLANDS?

18 THE PARKLANDS is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 18 on THE PARKLANDS.