47, OAKEN LANES, CODSALL, WOLVERHAMPTON, WV8 2AN - £425,000

47 OAKEN LANES is a very large extended detached house of 166m², built sometime between 1967 and 1975. It was last sold for £425,000 in May 2019, which was around 36% above the average May 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

47 OAKEN LANES Sold Prices

Land registry data shows two sales for 47 OAKEN LANES 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 47 OAKEN LANES 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
2019 3 MAY	£425,000	£311,480	36% above HPI
2002 15 JUL	£230,000	£166,513	38% above HPI

47 OAKEN LANES 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 47 OAKEN LANES sales from July 2002 and May 2019 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 2002 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2019 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 47 OAKEN LANES?

47 OAKEN LANES is 166m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 20% of detached houses in Codsall, based on EPC data. The below chart shows the distribution of detached houses by size in Codsall, and where 47 OAKEN LANES lies on this distribution: 86% of detached houses are smaller than 47 OAKEN LANES, and 13% of houses are larger. Note that EPC data is not available for all properties in Codsall.

47 OAKEN LANES: Plot and Title Map

47 OAKEN LANES sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 47 OAKEN LANES, 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 47 OAKEN LANES). 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 47 OAKEN LANES?

47 OAKEN LANES is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 47 on OAKEN LANES.