727, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EE - £45,000

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.

727 PARKFIELD ROAD is a very small flat of 25m², built sometime between 1991 and 1995, which could now be worth an estimated £48,044. It was last sold for £45,000 in May 2022, which was around 58% below the average May 2022 flat price in the Wolverhampton local authority area. The most recent EPC inspection was October 2024, where the current energy rating was D, and the potential energy rating was C.

727 PARKFIELD ROAD Sold Prices

Land registry data shows two sales for 727 PARKFIELD 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 727 PARKFIELD 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
2022 25 MAY	£45,000	£105,976	58% below HPI
2000 14 AUG	£21,800	£33,191	34% below HPI

What might 727 PARKFIELD ROAD be worth now?

727 PARKFIELD ROAD might now be worth an estimated £48,044.

This is based on house price inflation of 6.8%, between May 2022 and May 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 6.8% inflationary increase is applied to the most recent sale price for 727 PARKFIELD ROAD of £45,000 on 25th May 2022. For the value to have increased from £45,000 to £48,044 over the four years to May 2026, the following assumptions must hold true:

• The value of 727 PARKFIELD ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The May 2022 sale price of £45,000 represented a fair market value for the property.
• The size, condition, and specification of 727 PARKFIELD ROAD has not materially changed since May 2022.

How Large is 727 PARKFIELD ROAD?

727 PARKFIELD ROAD is 25m² according to the EPC inspection conducted in October 2024. This puts it in the smallest 10% of flats in Wolverhampton, based on EPC data. 1% of flats are smaller than 727 PARKFIELD ROAD, and 99% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

727 PARKFIELD ROAD: Plot

727 PARKFIELD ROAD sits on a plot of roughly 0.431 of an acre, or 1,743m².

Where is 727 PARKFIELD ROAD?

727 PARKFIELD ROAD is located in WOLVERHAMPTON, in the WV4 postcode district.