729, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EE - £50,500

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.

729 PARKFIELD ROAD is a very small flat of 25m², built sometime between 1967 and 1975, which could now be worth an estimated £69,208. It was last sold for £50,500 in October 2005, which was around 39% below the average October 2005 flat price in the Wolverhampton local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

729 PARKFIELD ROAD Sold Prices

Land registry data shows two sales for 729 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 729 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
2005 6 OCT	£50,500	£82,559	39% below HPI
2003 31 OCT	£38,500	£61,733	38% below HPI

What might 729 PARKFIELD ROAD be worth now?

729 PARKFIELD ROAD might now be worth an estimated £69,208.

This is based on house price inflation of 37%, between October 2005 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 37% inflationary increase is applied to the most recent sale price for 729 PARKFIELD ROAD of £50,500 on 6th October 2005. For the value to have increased from £50,500 to £69,208 over the 21 years and five months to May 2026, the following assumptions must hold true:

• The value of 729 PARKFIELD ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The October 2005 sale price of £50,500 represented a fair market value for the property.
• The size, condition, and specification of 729 PARKFIELD ROAD has not materially changed since October 2005.

How Large is 729 PARKFIELD ROAD?

729 PARKFIELD ROAD is 25m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of flats in Wolverhampton, based on EPC data. 1% of flats are smaller than 729 PARKFIELD ROAD, and 99% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

729 PARKFIELD ROAD: Plot

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

Where is 729 PARKFIELD ROAD?

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