437, PENN ROAD, WOLVERHAMPTON, WV4 5LN - £188,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

437 PENN ROAD is a small extended semi-detached house of 98m², built sometime between 1930 and 1949, which could now be worth an estimated £342,646. It was last sold for £188,000 in November 2013, which was around 57% above the average November 2013 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

437 PENN ROAD Sold Prices

Land registry data shows three sales for 437 PENN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 437 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
2013 11 NOV	£188,000	£119,608	57% above HPI
2004 11 JUN	£135,000	£106,019	27% above HPI
2004 21 JAN	£116,000	£99,277	17% above HPI

437 PENN ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 437 PENN ROAD sales between January 2004 and November 2013 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 June 2004 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2013 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 437 PENN ROAD be worth now?

437 PENN ROAD might now be worth an estimated £342,646.

This is based on house price inflation of 82.3%, between November 2013 and December 2024, for semi-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 82.3% inflationary increase is applied to the most recent sale price for 437 PENN ROAD of £188,000 on 11th November 2013. For the value to have increased from £188,000 to £342,646 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 437 PENN ROAD has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The November 2013 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 437 PENN ROAD has not materially changed since November 2013.

How Large is 437 PENN ROAD?

437 PENN ROAD is 98m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of semi-detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wolverhampton, and where 437 PENN ROAD lies on this distribution: 38% of semi-detached houses houses are smaller than 437 PENN ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

437 PENN ROAD: Plot and Title Map

437 PENN ROAD sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 437 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 437 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 437 PENN ROAD?

437 PENN ROAD is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 437 on PENN ROAD.