2, OAKTREE RISE, CODSALL, WOLVERHAMPTON, WV8 1DP - £325,000

2 OAKTREE RISE is a small detached house of 108m², built sometime between 2003 and 2006. It was last sold for £325,000 in August 2017, which was around 5% above the average August 2017 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

2 OAKTREE RISE Sold Prices

Land registry data shows two sales for 2 OAKTREE RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 2 OAKTREE RISE 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
2017 24 AUG	£325,000	£310,269	5% above HPI
2004 16 JUL	£236,000	£228,999	3% above HPI

2 OAKTREE RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 2 OAKTREE RISE sales from July 2004 and August 2017 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 July 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2017 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 2 OAKTREE RISE?

2 OAKTREE RISE is 108m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% of detached houses in Codsall, based on EPC data. The below chart shows the distribution of detached houses by size in Codsall, and where 2 OAKTREE RISE lies on this distribution: 38% of detached houses are smaller than 2 OAKTREE RISE, and 60% of houses are larger. Note that EPC data is not available for all properties in Codsall.

2 OAKTREE RISE: Plot and Title Map

2 OAKTREE RISE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 2 OAKTREE RISE, 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 2 OAKTREE RISE). 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 2 OAKTREE RISE?

2 OAKTREE RISE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 2 on OAKTREE RISE.