141, PENN ROAD, WOLVERHAMPTON, WV3 0ED - £61,000

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.

141 PENN ROAD is a very small flat of 40m², built sometime before 1900, which could now be worth an estimated £99,241. It was last sold for £61,000 in September 2011, which was around 12% below the average September 2011 flat price in the Wolverhampton local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

141 PENN ROAD Sold Prices

Land registry data shows three sales for 141 PENN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Wolverhampton local authority area for the corresponding sale date. One of the three 141 PENN ROAD sales was for below the average price, whilst two 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
2011 2 SEP	£61,000	£69,146	12% below HPI
2001 30 MAR	£34,500	£33,417	3% above HPI
1996 29 NOV	£28,250	£27,290	4% above HPI

What might 141 PENN ROAD be worth now?

141 PENN ROAD might now be worth an estimated £99,241.

This is based on house price inflation of 62.7%, between September 2011 and April 2026, for flats, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.7% inflationary increase is applied to the most recent sale price for 141 PENN ROAD of £61,000 on 2nd September 2011. For the value to have increased from £61,000 to £99,241 over the fifteen years and five months to April 2026, the following assumptions must hold true:

• The value of 141 PENN ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The September 2011 sale price of £61,000 represented a fair market value for the property.
• The size, condition, and specification of 141 PENN ROAD has not materially changed since September 2011.

How Large is 141 PENN ROAD?

141 PENN ROAD is 40m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of flats in Wolverhampton, based on EPC data. 8% of flats are smaller than 141 PENN ROAD, and 90% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

141 PENN ROAD: Plot

141 PENN ROAD sits on a plot of roughly 0.579 of an acre, or 2,345m².

Where is 141 PENN ROAD?

141 PENN ROAD is located in WOLVERHAMPTON, in the WV3 postcode district.