AVENUE HOUSE, THE AVENUE, PENN, WOLVERHAMPTON, WV4 5HW - £1,140,000

AVENUE HOUSE is a very large extended detached house of 487m², built sometime between 1900 and 1929. It was last sold for £1,140,000 in October 2022, which was around 246% above the average October 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.

AVENUE HOUSE Sold Prices

Land registry data shows two sales for AVENUE HOUSE 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 AVENUE HOUSE 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
2022 28 OCT	£1,140,000	£329,158	246% above HPI
2003 20 FEB	£625,000	£140,476	345% above HPI

AVENUE HOUSE 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 AVENUE HOUSE sales from February 2003 and October 2022 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 February 2003 sale was for 345% above the HPI. So the extrapolation line tracks at 345% above the HPI over time, until the October 2022 sale, where it falls to 246% above the HPI. The line then continues to track at 246% above the HPI.

How Large is AVENUE HOUSE?

AVENUE HOUSE is 487m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where AVENUE HOUSE lies on this distribution: More than 99% of detached houses are smaller than AVENUE HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

AVENUE HOUSE: Plot and Title Map

AVENUE HOUSE sits on a plot of roughly 0.693 of an acre, or 2,806m². The below map shows the location of AVENUE HOUSE, 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 AVENUE HOUSE). 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 AVENUE HOUSE?

AVENUE HOUSE is located on THE AVENUE in PENN, in the WV4 postcode district. The below map shows the position of AVENUE HOUSE on THE AVENUE.