584, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EL - £26,000

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.

584 PARKFIELD ROAD is a very small terraced house of 70m², built sometime between 1930 and 1949, which could now be worth an estimated £92,615. It was last sold for £26,000 in May 2002, which was around 50% below the average May 2002 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

584 PARKFIELD ROAD Sold Prices

Land registry data shows two sales for 584 PARKFIELD 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 584 PARKFIELD 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
2002 31 MAY	£26,000	£51,853	50% below HPI
1996 23 SEP	£25,750	£32,616	21% below HPI

584 PARKFIELD 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 584 PARKFIELD ROAD sales from September 1996 and May 2002 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 September 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2002 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 584 PARKFIELD ROAD be worth now?

584 PARKFIELD ROAD might now be worth an estimated £92,615.

This is based on house price inflation of 256.2%, between May 2002 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 256.2% inflationary increase is applied to the most recent sale price for 584 PARKFIELD ROAD of £26,000 on 31st May 2002. For the value to have increased from £26,000 to £92,615 over the 24 years and one month to April 2026, the following assumptions must hold true:

• The value of 584 PARKFIELD ROAD has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The May 2002 sale price of £26,000 represented a fair market value for the property.
• The size, condition, and specification of 584 PARKFIELD ROAD has not materially changed since May 2002.

How Large is 584 PARKFIELD ROAD?

584 PARKFIELD ROAD is 70m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% 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 584 PARKFIELD ROAD lies on this distribution: 9% of terraced houses houses are smaller than 584 PARKFIELD ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

584 PARKFIELD ROAD: Plot and Title Map

584 PARKFIELD ROAD sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 584 PARKFIELD 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 584 PARKFIELD 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 584 PARKFIELD ROAD?

584 PARKFIELD ROAD is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 584 on PARKFIELD ROAD.