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

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

43 PENNHOUSE AVENUE is a large extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £348,000 in May 2023, which was around 9% 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	£317,858	9% above HPI
2012 20 SEP	£215,000	£185,839	16% 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 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2023 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

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 in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 43 PENNHOUSE AVENUE lies on this distribution: 66% of detached 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.