Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources
249A PENN ROAD is a very large extended detached house of 155m², built sometime between 1976 and 1982. It was last sold for £305,000 in February 2015, which was around 56% above the average February 2015 detached price in the Wolverhampton local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 249A PENN ROAD since 1st 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. One of the two 249A PENN ROAD sales was for above the average price, whilst the other was 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 6 FEB | £305,000 | £195,171 | ![]() 56% above HPI |
2006 16 MAR | £150,000 | £192,362 | ![]() 22% below HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 249A PENN ROAD sales from March 2006 and February 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 March 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2015 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.
249A PENN ROAD is 155m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 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 249A PENN ROAD lies on this distribution: 81% of detached houses are smaller than 249A PENN ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
249A PENN ROAD sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 249A 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 249A 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.
249A PENN ROAD is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 249A on PENN ROAD.