224, PENN ROAD, WOLVERHAMPTON, WV4 4AA - £437,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

224 PENN ROAD is a very large extended detached house of 189m², built sometime before 1900, which could now be worth an estimated £780,503. It was last sold for £437,000 in April 2014, which was around 140% above the average April 2014 detached price in the Wolverhampton local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

224 PENN ROAD Sold Prices

Land registry data shows three sales for 224 PENN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 224 PENN ROAD 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
2014 29 APR	£437,000	£182,419	140% above HPI
2000 12 DEC	£202,500	£90,725	123% above HPI
1996 18 DEC	£125,000	£69,209	81% above HPI

224 PENN 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 three 224 PENN ROAD sales between December 1996 and April 2014 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 2000 sale was for 123% above the HPI. So the extrapolation line tracks at 123% above the HPI over time, until the April 2014 sale, where it rises to 140% above the HPI. The line then continues to track at 140% above the HPI.

What might 224 PENN ROAD be worth now?

224 PENN ROAD might now be worth an estimated £780,503.

This is based on house price inflation of 78.6%, between April 2014 and December 2024, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.6% inflationary increase is applied to the most recent sale price for 224 PENN ROAD of £437,000 on 29th April 2014. For the value to have increased from £437,000 to £780,503 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of 224 PENN ROAD has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The April 2014 sale price of £437,000 represented a fair market value for the property.
• The size, condition, and specification of 224 PENN ROAD has not materially changed since April 2014.

How Large is 224 PENN ROAD?

224 PENN ROAD is 189m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 10% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 224 PENN ROAD lies on this distribution: 90% of detached houses houses are smaller than 224 PENN ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

224 PENN ROAD: Plot and Title Map

224 PENN ROAD sits on a plot of roughly 0.172 of an acre, or 695m². The below map shows the location of 224 PENN 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 224 PENN 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 224 PENN ROAD?

224 PENN ROAD is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 224 on PENN ROAD.