744, PARKFIELD ROAD, WOLVERHAMPTON, WV4 6EE - £48,000

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.

744 PARKFIELD ROAD is a very small flat of 46m², built sometime between 1996 and 2002, which could now be worth an estimated £74,782. It was last sold for £48,000 in May 2010, which was around 34% below the average May 2010 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.

744 PARKFIELD ROAD Sold Prices

Land registry data shows two sales for 744 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 744 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
2010 21 MAY	£48,000	£72,206	34% below HPI
1996 30 JUL	£25,500	£26,271	3% below HPI

What might 744 PARKFIELD ROAD be worth now?

744 PARKFIELD ROAD might now be worth an estimated £74,782.

This is based on house price inflation of 55.8%, between May 2010 and April 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 55.8% inflationary increase is applied to the most recent sale price for 744 PARKFIELD ROAD of £48,000 on 21st May 2010. For the value to have increased from £48,000 to £74,782 over the sixteen years and one month to April 2026, the following assumptions must hold true:

• The value of 744 PARKFIELD ROAD has moved in line with the HPI for flats in the Wolverhampton local authority area.
• The May 2010 sale price of £48,000 represented a fair market value for the property.
• The size, condition, and specification of 744 PARKFIELD ROAD has not materially changed since May 2010.

How Large is 744 PARKFIELD ROAD?

744 PARKFIELD ROAD is 46m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of flats in Wolverhampton, based on EPC data. 20% of flats are smaller than 744 PARKFIELD ROAD, and 78% of flats are larger. Note that EPC data is not available for all properties in Wolverhampton.

744 PARKFIELD ROAD: Plot

744 PARKFIELD ROAD sits on a plot of roughly 0.926 of an acre, or 3,748m².

Where is 744 PARKFIELD ROAD?

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