339, PENN ROAD, WOLVERHAMPTON, WV4 5QF - £335,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

339 PENN ROAD is a very small detached house of 57m², built sometime between 1930 and 1949. It was last sold for £335,000 in July 2024, which was around 1% below the average July 2024 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was B.

339 PENN ROAD Sold Prices

Land registry data shows two sales for 339 PENN 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. One of the two 339 PENN ROAD sales was for below the average price, whilst the other was 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
2024 26 JUL	£335,000	£336,882	1% below HPI
2017 11 AUG	£250,000	£226,213	11% above HPI

339 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 two 339 PENN ROAD sales from August 2017 and July 2024 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 August 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2024 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 339 PENN ROAD?

339 PENN ROAD is 57m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 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 339 PENN ROAD lies on this distribution: 2% of detached houses are smaller than 339 PENN ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

339 PENN ROAD: Plot and Title Map

339 PENN ROAD sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 339 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 339 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 339 PENN ROAD?

339 PENN ROAD is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 339 on PENN ROAD.