PENN MOOR, VICARAGE ROAD, PENN, WOLVERHAMPTON, WV4 5HR - £1,200,000

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

PENN MOOR is a very large extended detached house of 289m², built sometime before 1900. It was last sold for £1,200,000 in August 2021, which was around 329% above the average August 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

PENN MOOR Sold Prices

Land registry data shows three sales for PENN MOOR since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Two of the three PENN MOOR sales were for above the average price, whilst one 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
2021 27 AUG	£1,200,000	£279,857	329% above HPI
2020 31 JUL	£250,000	£252,746	1% below HPI
2018 24 APR	£550,000	£233,696	135% above HPI

PENN MOOR 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 three PENN MOOR sales between April 2018 and August 2021 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 July 2020 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2021 sale, where it rises to 329% above the HPI. The line then continues to track at 329% above the HPI.

How Large is PENN MOOR?

PENN MOOR is 289m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where PENN MOOR lies on this distribution: 98% of detached houses are smaller than PENN MOOR, and 2% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

PENN MOOR: Plot and Title Map

PENN MOOR sits on a plot of roughly 0.673 of an acre, or 2,722m². The below map shows the location of PENN MOOR, 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 PENN MOOR). 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 PENN MOOR?

PENN MOOR is located on VICARAGE ROAD in PENN, in the WV4 postcode district. The below map shows the position of PENN MOOR on VICARAGE ROAD.