398, CANNOCK ROAD, WOLVERHAMPTON, WV10 0RB - £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.

398 CANNOCK ROAD is a midsized terraced house of 111m², built sometime between 1930 and 1949, which could now be worth an estimated £173,071. It was last sold for £115,000 in June 2019, which was around 6% below the average June 2019 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was E.

398 CANNOCK ROAD Sold Prices

Land registry data shows two sales for 398 CANNOCK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 398 CANNOCK ROAD 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
2019 5 JUN	£115,000	£122,731	6% below HPI
2009 1 JUN	£90,000	£94,524	5% below HPI

398 CANNOCK ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 398 CANNOCK ROAD sales from June 2009 and June 2019 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 June 2009 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2019 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 398 CANNOCK ROAD be worth now?

398 CANNOCK ROAD might now be worth an estimated £173,071.

This is based on house price inflation of 50.5%, between June 2019 and April 2026, for terraced 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 50.5% inflationary increase is applied to the most recent sale price for 398 CANNOCK ROAD of £115,000 on 5th June 2019. For the value to have increased from £115,000 to £173,071 over the seven years and two months to April 2026, the following assumptions must hold true:

• The value of 398 CANNOCK ROAD has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The June 2019 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 398 CANNOCK ROAD has not materially changed since June 2019.

How Large is 398 CANNOCK ROAD?

398 CANNOCK ROAD is 111m² according to the EPC inspection conducted in October 2008. This puts it in the largest 50% of terraced houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wolverhampton, and where 398 CANNOCK ROAD lies on this distribution: 54% of terraced houses houses are smaller than 398 CANNOCK ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

398 CANNOCK ROAD: Plot and Title Map

398 CANNOCK ROAD sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 398 CANNOCK 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 398 CANNOCK 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 398 CANNOCK ROAD?

398 CANNOCK ROAD is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 398 on CANNOCK ROAD.