731, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EE - £44,000

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.

731 PARKFIELD ROAD is a very small flat of 24m², built sometime between 1976 and 1982, which could now be worth an estimated £46,854. It was last sold for £44,000 in July 2022, which was around 59% below the average July 2022 flat price in the Wolverhampton local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

731 PARKFIELD ROAD Sold Prices

Land registry data shows two sales for 731 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 731 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 13 JUL	£44,000	£106,251	59% below HPI
2017 24 MAR	£37,000	£79,318	53% below HPI

What might 731 PARKFIELD ROAD be worth now?

731 PARKFIELD ROAD might now be worth an estimated £46,854.

This is based on house price inflation of 6.5%, between July 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 6.5% inflationary increase is applied to the most recent sale price for 731 PARKFIELD ROAD of £44,000 on 13th July 2022. For the value to have increased from £44,000 to £46,854 over the four years and two months to May 2026, the following assumptions must hold true:

• The value of 731 PARKFIELD ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The July 2022 sale price of £44,000 represented a fair market value for the property.
• The size, condition, and specification of 731 PARKFIELD ROAD has not materially changed since July 2022.

How Large is 731 PARKFIELD ROAD?

731 PARKFIELD ROAD is 24m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of flats in Wolverhampton, based on EPC data. Less than 1% of flats are smaller than 731 PARKFIELD ROAD, and more than 99% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

731 PARKFIELD ROAD: Plot

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

Where is 731 PARKFIELD ROAD?

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