7, PENKSIDE, COVEN, WOLVERHAMPTON, WV9 5BL - £290,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 PENKSIDE is a very large detached house of 152m², built sometime between 1991 and 1995. It was last sold for £290,000 in December 2011, which was around 16% above the average December 2011 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

7 PENKSIDE Sold Prices

Land registry data shows two sales for 7 PENKSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. One of the two 7 PENKSIDE sales was for above the average price, whilst the other was 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
2011 2 DEC	£290,000	£250,919	16% above HPI
2001 31 OCT	£131,950	£140,725	6% below HPI

7 PENKSIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 7 PENKSIDE sales from October 2001 and December 2011 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 October 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2011 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 7 PENKSIDE?

7 PENKSIDE is 152m² according to the EPC inspection conducted in May 2010. This puts it in the largest 20% of detached houses in Coven, based on EPC data. The below chart shows the distribution of detached houses by size in Coven, and where 7 PENKSIDE lies on this distribution: 85% of detached houses are smaller than 7 PENKSIDE, and 15% of houses are larger. Note that EPC data is not available for all properties in Coven.

7 PENKSIDE: Plot and Title Map

7 PENKSIDE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 7 PENKSIDE, 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 7 PENKSIDE). 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 7 PENKSIDE?

7 PENKSIDE is located in COVEN, in the WV9 postcode district. The below map shows the position of No. 7 on PENKSIDE.