5, PENSHAW CLOSE, WOLVERHAMPTON, WV9 5NE - £108,000

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.

5 PENSHAW CLOSE is a semi-detached house, which could now be worth an estimated £231,288. It was last sold for £108,000 in July 2004, which was about the average July 2004 semi-detached price in the Wolverhampton local authority area.

5 PENSHAW CLOSE Sold Prices

Land registry data shows two sales for 5 PENSHAW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. One of the two 5 PENSHAW CLOSE sales was roughly equal to the average price, whilst the other was 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
2004 28 JUL	£108,000	£107,995	Close to HPI
1998 11 DEC	£45,000	£45,648	1% below HPI

What might 5 PENSHAW CLOSE be worth now?

5 PENSHAW CLOSE might now be worth an estimated £231,288.

This is based on house price inflation of 114.2%, between July 2004 and May 2026, for semi-detached 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 114.2% inflationary increase is applied to the most recent sale price for 5 PENSHAW CLOSE of £108,000 on 28th July 2004. For the value to have increased from £108,000 to £231,288 over the 22 years and two months to May 2026, the following assumptions must hold true:

• The value of 5 PENSHAW CLOSE has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The July 2004 sale price of £108,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PENSHAW CLOSE has not materially changed since July 2004.

Where is 5 PENSHAW CLOSE?

5 PENSHAW CLOSE is located in WOLVERHAMPTON, in the WV9 postcode district.