Shelfields Penstone Lane

    SHELFIELDS, PENSTONE LANE, WOLVERHAMPTON, WV4 4XE

    This detached freehold property on Penstone Lane last sold in August 2022 for £500,000. Based on price growth in the WV4 district since then, its estimated current value is £451,933 — placing it in the 74th percentile nationally and the 94th percentile within WV4. The property covers 131 m² (1,410 sq ft), giving an estimated value of £3,450 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,410 sq ft

    131 m²

    Last Sale Price

    £500,000

    Aug 2022

    Estimated Valuation

    £451,933

    Est. £/sq ft

    £321/sq ft

    £3,450/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fueloil (not community)
    EPC currentE
    EPC potentialC
    Floor area1,410 sq ft (131 m²)
    EPC dateFeb 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    5 Aug 2022

    £500,000

    Key Metrics

    Estimated valuation£451,933
    Value per sq ft / m²£321/sq ft (£3,450/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV4 district percentile94th percentile
    National percentile74th 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

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