462, PENN ROAD, WOLVERHAMPTON, WV4 4HP - £277,000

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

462 PENN ROAD is a large detached house of 148m², built sometime between 2003 and 2006. It was last sold for £277,000 in February 2013, which was around 47% above the average February 2013 detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

462 PENN ROAD Sold Prices

Land registry data shows four sales for 462 PENN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the four 462 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 18 FEB	£277,000	£187,808	47% above HPI
2008 4 JAN	£288,500	£212,965	35% above HPI
2005 11 OCT	£360,000	£195,128	84% above HPI
2004 27 FEB	£285,000	£166,680	71% above HPI

462 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 four 462 PENN ROAD sales between February 2004 and February 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 January 2008 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2013 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 462 PENN ROAD?

462 PENN ROAD is 148m² according to the EPC inspection conducted in February 2012. This puts it in the largest 30% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 462 PENN ROAD lies on this distribution: 78% of detached houses are smaller than 462 PENN ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

462 PENN ROAD: Plot and Title Map

462 PENN ROAD sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 462 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 462 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 462 PENN ROAD?

462 PENN ROAD is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 462 on PENN ROAD.