449, PENN ROAD, WOLVERHAMPTON, WV4 5LN - £244,000

449 PENN ROAD is a small extended detached house of 95m², built sometime between 1930 and 1949. It was last sold for £244,000 in June 2018, which was around 4% above the average June 2018 detached price in the Wolverhampton local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

449 PENN ROAD Sold Prices

Land registry data shows two sales for 449 PENN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 449 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
2018 4 JUN	£244,000	£235,428	4% above HPI
1996 12 JUL	£81,500	£67,134	21% above HPI

449 PENN ROAD 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 two 449 PENN ROAD sales from July 1996 and June 2018 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 1996 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2018 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 449 PENN ROAD?

449 PENN ROAD is 95m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 449 PENN ROAD lies on this distribution: 36% of detached houses are smaller than 449 PENN ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

449 PENN ROAD: Plot and Title Map

449 PENN ROAD sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 449 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 449 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 449 PENN ROAD?

449 PENN ROAD is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 449 on PENN ROAD.