374, PENN ROAD, WOLVERHAMPTON, WV4 4DB - £273,000

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

374 PENN ROAD is a large detached house of 121m², built sometime between 1900 and 1929. It was last sold for £273,000 in June 2006, which was around 38% above the average June 2006 detached price in the Wolverhampton local authority area. The most recent EPC inspection was January 2021, where the current energy rating was E, and the potential energy rating was C.

374 PENN ROAD Sold Prices

Land registry data shows two sales for 374 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. Both of the two 374 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
2006 21 JUN	£273,000	£198,050	38% above HPI
1998 10 AUG	£136,500	£75,607	81% above HPI

374 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 374 PENN ROAD sales from August 1998 and June 2006 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 1998 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the June 2006 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 374 PENN ROAD?

374 PENN ROAD is 121m² according to the EPC inspection conducted in January 2021. This puts it in the largest 40% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 374 PENN ROAD lies on this distribution: 64% of detached houses are smaller than 374 PENN ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

374 PENN ROAD: Plot and Title Map

374 PENN ROAD sits on a plot of roughly 0.176 of an acre, or 710m². The below map shows the location of 374 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 374 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 374 PENN ROAD?

374 PENN ROAD is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 374 on PENN ROAD.