149, PENN ROAD, WOLVERHAMPTON, WV3 0ED - £62,000

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.

149 PENN ROAD is a very small flat of 40m², built sometime before 1900, which could now be worth an estimated £83,404. It was last sold for £62,000 in August 2017, which was around 26% below the average August 2017 flat price in the Wolverhampton local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

149 PENN ROAD Sold Prices

Land registry data shows four sales for 149 PENN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Wolverhampton local authority area for the corresponding sale date. All of the four 149 PENN 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
2017 2 AUG	£62,000	£83,625	26% below HPI
1999 21 MAY	£26,000	£28,925	10% below HPI
1997 3 OCT	£27,400	£27,952	2% below HPI
1995 31 MAR	£26,500	£27,447	3% below HPI

What might 149 PENN ROAD be worth now?

149 PENN ROAD might now be worth an estimated £83,404.

This is based on house price inflation of 34.5%, between August 2017 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 34.5% inflationary increase is applied to the most recent sale price for 149 PENN ROAD of £62,000 on 2nd August 2017. For the value to have increased from £62,000 to £83,404 over the nine years and four months to April 2026, the following assumptions must hold true:

• The value of 149 PENN ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The August 2017 sale price of £62,000 represented a fair market value for the property.
• The size, condition, and specification of 149 PENN ROAD has not materially changed since August 2017.

How Large is 149 PENN ROAD?

149 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 149 PENN ROAD, and 90% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

149 PENN ROAD: Plot

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

Where is 149 PENN ROAD?

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