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
29 THE PARKLANDS is a very large extended detached house of 243m², built sometime between 1950 and 1966. It was last sold for £574,950 in February 2019, which was around 135% 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.
Land registry data shows two sales for 29 THE PARKLANDS 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. 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 | £244,344 | 135% above HPI |
1995 23 OCT | £110,000 | £69,936 | 57% above HPI |
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 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the February 2019 sale, where it rises to 135% above the HPI. The line then continues to track at 135% above the HPI.
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 in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 29 THE PARKLANDS lies on this distribution: 96% of detached 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 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.
29 THE PARKLANDS is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 29 on THE PARKLANDS.