29, THE PARKLANDS, WOLVERHAMPTON, WV3 9DG - £574,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

29 THE PARKLANDS is a very large extended detached house of 243m², built sometime between 1950 and 1966, which could now be worth an estimated £805,998. It was last sold for £574,950 in February 2019, which was around 142% above the average February 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

29 THE PARKLANDS Sold Prices

Land registry data shows two sales for 29 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 29 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
2019 8 FEB	£574,950	£237,965	142% above HPI
1995 23 OCT	£110,000	£68,110	62% above HPI

29 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 29 THE PARKLANDS sales from October 1995 and February 2019 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 1995 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the February 2019 sale, where it rises to 142% above the HPI. The line then continues to track at 142% above the HPI.

What might 29 THE PARKLANDS be worth now?

29 THE PARKLANDS might now be worth an estimated £805,998.

This is based on house price inflation of 40.2%, between February 2019 and February 2025, 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 40.2% inflationary increase is applied to the most recent sale price for 29 THE PARKLANDS of £574,950 on 8th February 2019. For the value to have increased from £574,950 to £805,998 over the six years to February 2025, the following assumptions must hold true:

• The value of 29 THE PARKLANDS has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The February 2019 sale price of £574,950 represented a fair market value for the property.
• The size, condition, and specification of 29 THE PARKLANDS has not materially changed since February 2019.

How Large is 29 THE PARKLANDS?

29 THE PARKLANDS is 243m², which includes three extensions, according to the EPC inspection conducted in July 2018. 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 29 THE PARKLANDS lies on this distribution: 96% of detached houses houses are smaller than 29 THE PARKLANDS, and 3% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

29 THE PARKLANDS: Plot and Title Map

29 THE PARKLANDS sits on a plot of roughly 0.296 of an acre, or 1,198m². The below map shows the location of 29 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 29 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 29 THE PARKLANDS?

29 THE PARKLANDS is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 29 on THE PARKLANDS.