22, PENKSIDE, COVEN, WOLVERHAMPTON, WV9 5BL - £125,000

22 PENKSIDE is a very small semi-detached house of 57m², built sometime between 2003 and 2006. It was last sold for £125,000 in January 2012, which was around 50% below the average January 2012 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

22 PENKSIDE Sold Prices

Land registry data shows two sales for 22 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. Both of the two 22 PENKSIDE 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
2012 13 JAN	£125,000	£252,052	50% below HPI
2003 31 JUL	£132,000	£205,187	36% below HPI

22 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 22 PENKSIDE sales from July 2003 and January 2012 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 2003 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2012 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 22 PENKSIDE?

22 PENKSIDE is 57m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Coven, based on EPC data. The below chart shows the distribution of detached houses by size in Coven, and where 22 PENKSIDE lies on this distribution: 1% of detached houses are smaller than 22 PENKSIDE, and 98% of houses are larger. Note that EPC data is not available for all properties in Coven.

22 PENKSIDE: Plot and Title Map

22 PENKSIDE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 22 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 22 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 22 PENKSIDE?

22 PENKSIDE is located in COVEN, in the WV9 postcode district. The below map shows the position of No. 22 on PENKSIDE.