2, MOUNT ROAD, PENN, WOLVERHAMPTON, WV4 5SW - £192,500

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

2 MOUNT ROAD is a large extended detached house of 120m², built sometime between 1900 and 1929. It was last sold for £192,500 in October 2015, which was around 3% below the average October 2015 detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

2 MOUNT ROAD Sold Prices

Land registry data shows two sales for 2 MOUNT ROAD 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 2 MOUNT ROAD 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 16 OCT	£192,500	£198,238	3% below HPI
2007 16 OCT	£195,000	£215,272	9% below HPI

2 MOUNT ROAD 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 2 MOUNT ROAD sales from October 2007 and October 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 October 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2015 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 MOUNT ROAD?

2 MOUNT ROAD is 120m², which includes one extension, according to the EPC inspection conducted in February 2017. 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 2 MOUNT ROAD lies on this distribution: 63% of detached houses are smaller than 2 MOUNT ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

2 MOUNT ROAD: Plot and Title Map

2 MOUNT ROAD sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 2 MOUNT ROAD, 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 2 MOUNT ROAD). 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 2 MOUNT ROAD?

2 MOUNT ROAD is located in PENN, in the WV4 postcode district. The below map shows the position of No. 2 on MOUNT ROAD.