7, FARWAY GARDENS, CODSALL, WOLVERHAMPTON, WV8 2QA - £457,000

7 FARWAY GARDENS is a large extended detached house of 138m², built sometime between 1996 and 2002. It was last sold for £457,000 in December 2018, which was around 42% above the average December 2018 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

7 FARWAY GARDENS Sold Prices

Land registry data shows four sales for 7 FARWAY GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 7 FARWAY GARDENS 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
2018 14 DEC	£457,000	£320,912	42% above HPI
2014 9 OCT	£405,000	£264,573	53% above HPI
2004 26 MAR	£321,000	£204,779	57% above HPI
1998 31 JUL	£170,000	£103,908	64% above HPI

7 FARWAY GARDENS 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 four 7 FARWAY GARDENS sales between July 1998 and December 2018 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 October 2014 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the December 2018 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 7 FARWAY GARDENS?

7 FARWAY GARDENS is 138m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 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 7 FARWAY GARDENS lies on this distribution: 64% of detached houses are smaller than 7 FARWAY GARDENS, and 36% of houses are larger. Note that EPC data is not available for all properties in Codsall.

7 FARWAY GARDENS: Plot and Title Map

7 FARWAY GARDENS sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 7 FARWAY GARDENS, 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 7 FARWAY GARDENS). 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 7 FARWAY GARDENS?

7 FARWAY GARDENS is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 7 on FARWAY GARDENS.