Cherry Acres Penstone Lane

    CHERRY ACRES, PENSTONE LANE, WOLVERHAMPTON, WV4 4XE

    This detached freehold property on Penstone Lane last sold in May 2022 for £425,000. Based on price growth in the WV4 district since then, its estimated current value is £384,143 — placing it in the 65th percentile nationally and the 89th percentile within WV4. The property covers 101 m² (1,087 sq ft), giving an estimated value of £3,803 per m². The EPC rating is E, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,087 sq ft

    101 m²

    Last Sale Price

    £425,000

    May 2022

    Estimated Valuation

    £384,143

    Est. £/sq ft

    £353/sq ft

    £3,803/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelLPG (not community)
    EPC currentE
    EPC potentialD
    Floor area1,087 sq ft (101 m²)
    EPC dateJan 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, LPG

    Transaction History

    20 May 2022

    £425,000

    2 Apr 1996

    £57,500

    Key Metrics

    Estimated valuation£384,143
    Value per sq ft / m²£353/sq ft (£3,803/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV4 district percentile89th percentile
    National percentile65th percentile

    District Context — WV4

    WV4 covers central and eastern parts of Wolverhampton, including areas such as Bilston and Penn, situated in the West Midlands. The district offers a mix of residential neighbourhoods with good transport links and diverse housing stock, appealing to families and investors seeking affordable urban living.

    Average Property Price - WV4

    £257,731

    30

    National percentile

    Average Net Household Income - WV4

    £35,762

    36

    National percentile

    10-Year Annualised Price Growth - WV4

    4.7%

    83

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV4

    More properties in WV4

    Streets in WV4

    Explore nearby