43, PENNHOUSE AVENUE, WOLVERHAMPTON, WV4 4BD - £348,000

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.

43 PENNHOUSE AVENUE is a large extended detached house of 125m², built sometime between 1930 and 1949, which could now be worth an estimated £375,017. It was last sold for £348,000 in May 2023, which was around 12% above the average May 2023 detached price in the Wolverhampton local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

43 PENNHOUSE AVENUE Sold Prices

Land registry data shows two sales for 43 PENNHOUSE AVENUE 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 43 PENNHOUSE AVENUE 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
2023 12 MAY	£348,000	£309,560	12% above HPI
2012 20 SEP	£215,000	£180,987	19% above HPI

43 PENNHOUSE AVENUE 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 43 PENNHOUSE AVENUE sales from September 2012 and May 2023 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 September 2012 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2023 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 43 PENNHOUSE AVENUE be worth now?

43 PENNHOUSE AVENUE might now be worth an estimated £375,017.

This is based on house price inflation of 7.8%, between May 2023 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 7.8% inflationary increase is applied to the most recent sale price for 43 PENNHOUSE AVENUE of £348,000 on 12th May 2023. For the value to have increased from £348,000 to £375,017 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 43 PENNHOUSE AVENUE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The May 2023 sale price of £348,000 represented a fair market value for the property.
• The size, condition, and specification of 43 PENNHOUSE AVENUE has not materially changed since May 2023.

How Large is 43 PENNHOUSE AVENUE?

43 PENNHOUSE AVENUE is 125m², which includes three extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 40% 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 43 PENNHOUSE AVENUE lies on this distribution: 66% of detached houses houses are smaller than 43 PENNHOUSE AVENUE, and 33% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

43 PENNHOUSE AVENUE: Plot and Title Map

43 PENNHOUSE AVENUE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 43 PENNHOUSE AVENUE, 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 43 PENNHOUSE AVENUE). 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 43 PENNHOUSE AVENUE?

43 PENNHOUSE AVENUE is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 43 on PENNHOUSE AVENUE.