304, PENN ROAD, WOLVERHAMPTON, WV4 4AQ - £375,000

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.

304 PENN ROAD is a very large extended semi-detached house of 214m², built sometime between 1900 and 1929, which could now be worth an estimated £385,369. It was last sold for £375,000 in October 2023, which was around 80% above the average October 2023 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

304 PENN ROAD Sold Prices

Land registry data shows three sales for 304 PENN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 304 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
2023 3 OCT	£375,000	£208,128	80% above HPI
2011 18 FEB	£161,000	£117,132	37% above HPI
2004 22 SEP	£139,500	£111,531	25% above HPI

304 PENN ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 304 PENN ROAD sales between September 2004 and October 2023 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 February 2011 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2023 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 304 PENN ROAD be worth now?

304 PENN ROAD might now be worth an estimated £385,369.

This is based on house price inflation of 2.8%, between October 2023 and June 2025, for semi-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 2.8% inflationary increase is applied to the most recent sale price for 304 PENN ROAD of £375,000 on 3rd October 2023. For the value to have increased from £375,000 to £385,369 over the two years and four months to June 2025, the following assumptions must hold true:

• The value of 304 PENN ROAD has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The October 2023 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 304 PENN ROAD has not materially changed since October 2023.

How Large is 304 PENN ROAD?

304 PENN ROAD is 214m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 10% of semi-detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wolverhampton, and where 304 PENN ROAD lies on this distribution: 94% of semi-detached houses houses are smaller than 304 PENN ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

304 PENN ROAD: Plot and Title Map

304 PENN ROAD sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 304 PENN ROAD, 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 304 PENN ROAD). 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 304 PENN ROAD?

304 PENN ROAD is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 304 on PENN ROAD.