562, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EL - £176,000

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

562 PARKFIELD ROAD is a large extended detached house of 133m², built sometime between 1900 and 1929. It was last sold for £176,000 in March 2005, which was around 2% below the average March 2005 detached price in the Wolverhampton local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

562 PARKFIELD ROAD Sold Prices

Land registry data shows two sales for 562 PARKFIELD 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 562 PARKFIELD ROAD sales were for below 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
2005 15 MAR	£176,000	£180,086	2% below HPI
1995 18 DEC	£44,950	£67,279	33% below HPI

562 PARKFIELD 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 562 PARKFIELD ROAD sales from December 1995 and March 2005 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 December 1995 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2005 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 562 PARKFIELD ROAD?

562 PARKFIELD ROAD is 133m², which includes two extensions, according to the EPC inspection conducted in February 2010. 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 562 PARKFIELD ROAD lies on this distribution: 72% of detached houses are smaller than 562 PARKFIELD ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

562 PARKFIELD ROAD: Plot and Title Map

562 PARKFIELD ROAD sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 562 PARKFIELD 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 562 PARKFIELD 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 562 PARKFIELD ROAD?

562 PARKFIELD ROAD is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 562 on PARKFIELD ROAD.