597, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EL - £58,750

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.

597 PARKFIELD ROAD is a small extended terraced house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £111,098. It was last sold for £58,750 in February 2014, which was around 40% below the average February 2014 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

597 PARKFIELD ROAD Sold Prices

Land registry data shows two sales for 597 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 597 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
2014 19 FEB	£58,750	£97,675	40% below HPI
1996 12 NOV	£19,600	£33,503	41% below HPI

597 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 597 PARKFIELD ROAD sales from November 1996 and February 2014 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 November 1996 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2014 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 597 PARKFIELD ROAD be worth now?

597 PARKFIELD ROAD might now be worth an estimated £111,098.

This is based on house price inflation of 89.1%, between February 2014 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 89.1% inflationary increase is applied to the most recent sale price for 597 PARKFIELD ROAD of £58,750 on 19th February 2014. For the value to have increased from £58,750 to £111,098 over the eleven years and ten months to April 2026, the following assumptions must hold true:

• The value of 597 PARKFIELD ROAD has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The February 2014 sale price of £58,750 represented a fair market value for the property.
• The size, condition, and specification of 597 PARKFIELD ROAD has not materially changed since February 2014.

How Large is 597 PARKFIELD ROAD?

597 PARKFIELD ROAD is 85m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% 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 597 PARKFIELD ROAD lies on this distribution: 24% of terraced houses houses are smaller than 597 PARKFIELD ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

597 PARKFIELD ROAD: Plot and Title Map

597 PARKFIELD ROAD sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 597 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 597 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 597 PARKFIELD ROAD?

597 PARKFIELD ROAD is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 597 on PARKFIELD ROAD.