1A, CHURCH WALK, PENN FIELDS, WOLVERHAMPTON, WV3 7BX - £256,500

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

1A CHURCH WALK is a very small extended detached house of 81m², built sometime between 1967 and 1975. It was last sold for £256,500 in August 2022, which was around 18% below the average August 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

1A CHURCH WALK Sold Prices

Land registry data shows four sales for 1A CHURCH WALK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the four 1A CHURCH WALK 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
2022 12 AUG	£256,500	£313,031	18% below HPI
2015 1 DEC	£175,000	£200,646	13% below HPI
2003 25 APR	£133,000	£144,057	8% below HPI
2002 12 JUL	£100,000	£122,142	18% below HPI

1A CHURCH WALK 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 four 1A CHURCH WALK sales between July 2002 and August 2022 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 December 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1A CHURCH WALK?

1A CHURCH WALK is 81m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 1A CHURCH WALK lies on this distribution: 19% of detached houses are smaller than 1A CHURCH WALK, and 80% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

1A CHURCH WALK: Plot and Title Map

1A CHURCH WALK sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 1A CHURCH WALK, 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 1A CHURCH WALK). 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 1A CHURCH WALK?

1A CHURCH WALK is located in PENN FIELDS, in the WV3 postcode district. The below map shows the position of No. 1A on CHURCH WALK.