161A, PENN ROAD, WOLVERHAMPTON, WV3 0ED - £116,500

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.

161A PENN ROAD is a very large flat of 80m², built sometime before 1900, which could now be worth an estimated £187,648. It was last sold for £116,500 in June 2004, which was around 67% above the average June 2004 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.

161A PENN ROAD Sold Prices

Land registry data shows two sales for 161A PENN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 161A PENN ROAD 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
2004 25 JUN	£116,500	£69,841	67% above HPI
1998 11 AUG	£47,000	£27,721	70% above HPI

What might 161A PENN ROAD be worth now?

161A PENN ROAD might now be worth an estimated £187,648.

This is based on house price inflation of 61.1%, between June 2004 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 61.1% inflationary increase is applied to the most recent sale price for 161A PENN ROAD of £116,500 on 25th June 2004. For the value to have increased from £116,500 to £187,648 over the 22 years and two months to April 2026, the following assumptions must hold true:

• The value of 161A PENN ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The June 2004 sale price of £116,500 represented a fair market value for the property.
• The size, condition, and specification of 161A PENN ROAD has not materially changed since June 2004.

How Large is 161A PENN ROAD?

161A PENN ROAD is 80m² according to the EPC inspection conducted in July 2014. This puts it in the largest 10% of flats in Wolverhampton, based on EPC data. 91% of flats are smaller than 161A PENN ROAD, and 8% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

161A PENN ROAD: Plot

161A PENN ROAD sits on a plot of roughly 0.579 of an acre, or 2,345m².

Where is 161A PENN ROAD?

161A PENN ROAD is located in WOLVERHAMPTON, in the WV3 postcode district.