737, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EE - £41,000

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.

737 PARKFIELD ROAD is a very small flat of 24m², built sometime between 1983 and 1990, which could now be worth an estimated £68,449. It was last sold for £41,000 in May 2004, which was around 40% below the average May 2004 flat price in the Wolverhampton local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

737 PARKFIELD ROAD Sold Prices

Land registry data shows two sales for 737 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 737 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
2004 7 MAY	£41,000	£67,772	40% below HPI
2002 14 JUN	£19,500	£45,365	57% below HPI

What might 737 PARKFIELD ROAD be worth now?

737 PARKFIELD ROAD might now be worth an estimated £68,449.

This is based on house price inflation of 66.9%, between May 2004 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 66.9% inflationary increase is applied to the most recent sale price for 737 PARKFIELD ROAD of £41,000 on 7th May 2004. For the value to have increased from £41,000 to £68,449 over the 22 years to May 2026, the following assumptions must hold true:

• The value of 737 PARKFIELD ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The May 2004 sale price of £41,000 represented a fair market value for the property.
• The size, condition, and specification of 737 PARKFIELD ROAD has not materially changed since May 2004.

How Large is 737 PARKFIELD ROAD?

737 PARKFIELD ROAD is 24m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of flats in Wolverhampton, based on EPC data. Less than 1% of flats are smaller than 737 PARKFIELD ROAD, and more than 99% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

737 PARKFIELD ROAD: Plot

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

Where is 737 PARKFIELD ROAD?

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