547, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EL - £85,500

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.

547 PARKFIELD ROAD is a small extended terraced house of 73m², built sometime between 1900 and 1929, which could now be worth an estimated £135,920. It was last sold for £85,500 in December 2017, which was around 27% below the average December 2017 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.

547 PARKFIELD ROAD Sold Prices

Land registry data shows one sale for 547 PARKFIELD ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 1 DEC	£85,500	£116,565	27% below HPI

What might 547 PARKFIELD ROAD be worth now?

547 PARKFIELD ROAD might now be worth an estimated £135,920.

This is based on house price inflation of 59%, between December 2017 and May 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 59% inflationary increase is applied to the most recent sale price for 547 PARKFIELD ROAD of £85,500 on 1st December 2017. For the value to have increased from £85,500 to £135,920 over the nine years and seven months to May 2026, the following assumptions must hold true:

• The value of 547 PARKFIELD ROAD has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The December 2017 sale price of £85,500 represented a fair market value for the property.
• The size, condition, and specification of 547 PARKFIELD ROAD has not materially changed since December 2017.

How Large is 547 PARKFIELD ROAD?

547 PARKFIELD ROAD is 73m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% of terraced houses in Wolverhampton, based on EPC data. The below chart shows the distribution of terraced houses by size in Wolverhampton, and where 547 PARKFIELD ROAD lies on this distribution: 26% of terraced houses are smaller than 547 PARKFIELD ROAD, and 71% of terraced houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

547 PARKFIELD ROAD: Plot

547 PARKFIELD ROAD sits on a plot of roughly 0.034 of an acre, or 137m².

Where is 547 PARKFIELD ROAD?

547 PARKFIELD ROAD is located in WOLVERHAMPTON, in the WV4 postcode district.