6, PENKRIDGE GARDENS, WOLVERHAMPTON, WV10 6QH - £198,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 PENKRIDGE GARDENS is a small detached house of 84m², which could now be worth an estimated £266,109. It was last sold for £198,000 in February 2020, which was around 20% below the average February 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was A.

6 PENKRIDGE GARDENS Sold Prices

Land registry data shows two sales for 6 PENKRIDGE GARDENS 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 6 PENKRIDGE GARDENS 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 21 FEB	£198,000	£248,212	20% below HPI
2017 14 JUN	£190,000	£215,228	12% below HPI

6 PENKRIDGE GARDENS 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 6 PENKRIDGE GARDENS sales from June 2017 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 June 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 6 PENKRIDGE GARDENS be worth now?

6 PENKRIDGE GARDENS might now be worth an estimated £266,109.

This is based on house price inflation of 34.4%, between February 2020 and February 2025, for 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 34.4% inflationary increase is applied to the most recent sale price for 6 PENKRIDGE GARDENS of £198,000 on 21st February 2020. For the value to have increased from £198,000 to £266,109 over the five years to February 2025, the following assumptions must hold true:

• The value of 6 PENKRIDGE GARDENS has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The February 2020 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PENKRIDGE GARDENS has not materially changed since February 2020.

How Large is 6 PENKRIDGE GARDENS?

6 PENKRIDGE GARDENS is 84m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 6 PENKRIDGE GARDENS lies on this distribution: 23% of detached houses houses are smaller than 6 PENKRIDGE GARDENS, and 76% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

6 PENKRIDGE GARDENS: Plot and Title Map

6 PENKRIDGE GARDENS sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 6 PENKRIDGE GARDENS, 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 6 PENKRIDGE GARDENS). 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 6 PENKRIDGE GARDENS?

6 PENKRIDGE GARDENS is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 6 on PENKRIDGE GARDENS.