151A, PENN ROAD, WOLVERHAMPTON, WV3 0ED - £115,000

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.

151A PENN ROAD is a very large flat of 80m², built sometime before 1900, which could now be worth an estimated £121,757. It was last sold for £115,000 in July 2022, which was around 8% above the average July 2022 flat price in the Wolverhampton local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

151A PENN ROAD Sold Prices

Land registry data shows six sales for 151A PENN ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Wolverhampton local authority area for the corresponding sale date. All of the six 151A PENN ROAD sales were for above 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
2022 14 JUL	£115,000	£106,251	8% above HPI
2018 14 DEC	£105,000	£86,918	21% above HPI
2018 6 FEB	£125,000	£83,641	49% above HPI
2008 27 JUN	£123,000	£87,049	41% above HPI
2004 5 NOV	£114,500	£75,382	52% above HPI
2001 12 APR	£49,000	£34,193	43% above HPI

What might 151A PENN ROAD be worth now?

151A PENN ROAD might now be worth an estimated £121,757.

This is based on house price inflation of 5.9%, between July 2022 and April 2026, for flats, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.9% inflationary increase is applied to the most recent sale price for 151A PENN ROAD of £115,000 on 14th July 2022. For the value to have increased from £115,000 to £121,757 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 151A PENN ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The July 2022 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 151A PENN ROAD has not materially changed since July 2022.

How Large is 151A PENN ROAD?

151A PENN ROAD is 80m² according to the EPC inspection conducted in July 2014. This puts it in the largest 10% of flats in Wolverhampton, based on EPC data. 91% of flats are smaller than 151A PENN ROAD, and 8% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

151A PENN ROAD: Plot

151A PENN ROAD sits on a plot of roughly 0.579 of an acre, or 2,345m².

Where is 151A PENN ROAD?

151A PENN ROAD is located in WOLVERHAMPTON, in the WV3 postcode district.