563, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EL - £160,000

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

563 PARKFIELD ROAD is a small extended detached house of 93m², built sometime between 1930 and 1949. It was last sold for £160,000 in February 2020, which was around 37% below the average February 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was January 2017, where the current energy rating was F, and the potential energy rating was B.

563 PARKFIELD ROAD Sold Prices

Land registry data shows four sales for 563 PARKFIELD 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 563 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
2020 25 FEB	£160,000	£254,866	37% below HPI
2016 4 MAR	£87,000	£203,446	57% below HPI
2015 19 NOV	£91,000	£199,926	54% below HPI
2015 18 SEP	£85,000	£196,422	57% below HPI

563 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 four 563 PARKFIELD ROAD sales between September 2015 and February 2020 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 March 2016 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the February 2020 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 563 PARKFIELD ROAD?

563 PARKFIELD ROAD is 93m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 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 563 PARKFIELD ROAD lies on this distribution: 33% of detached houses are smaller than 563 PARKFIELD ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

563 PARKFIELD ROAD: Plot and Title Map

563 PARKFIELD ROAD sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 563 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 563 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 563 PARKFIELD ROAD?

563 PARKFIELD ROAD is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 563 on PARKFIELD ROAD.