THE GABLES, WELLS ROAD, PENN, WOLVERHAMPTON, WV4 4BH - £317,500

THE GABLES is a midsized extended detached house of 105m², built sometime between 1930 and 1949. It was last sold for £317,500 in April 2022, which was around 1% above the average April 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

THE GABLES Sold Prices

Land registry data shows two sales for THE GABLES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two THE GABLES sales were for above 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 1 APR	£317,500	£313,984	1% above HPI
2021 22 JUN	£300,000	£280,357	7% above HPI

THE GABLES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two THE GABLES sales from June 2021 and April 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2021 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2022 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is THE GABLES?

THE GABLES is 105m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 50% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where THE GABLES lies on this distribution: 47% of detached houses are smaller than THE GABLES, and 52% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of THE GABLES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE GABLES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE GABLES?

THE GABLES is located on WELLS ROAD in PENN, in the WV4 postcode district. The below map shows the position of THE GABLES on WELLS ROAD.