11, FARRAN DRIVE, CODSALL, WOLVERHAMPTON, WV8 1FA - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 FARRAN DRIVE is a midsized detached house of 119m², which could now be worth an estimated £531,291. It was last sold for £475,000 in April 2024, which was around 19% above the average April 2024 detached price in the South Staffordshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

11 FARRAN DRIVE Sold Prices

Land registry data shows two sales for 11 FARRAN DRIVE 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 11 FARRAN DRIVE 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
2024 9 APR	£475,000	£400,558	19% above HPI
2018 26 JAN	£364,995	£315,359	16% above HPI

11 FARRAN DRIVE 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 11 FARRAN DRIVE sales from January 2018 and April 2024 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 January 2018 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2024 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 11 FARRAN DRIVE be worth now?

11 FARRAN DRIVE might now be worth an estimated £531,291.

This is based on house price inflation of 11.9%, between April 2024 and December 2024, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.9% inflationary increase is applied to the most recent sale price for 11 FARRAN DRIVE of £475,000 on 9th April 2024. For the value to have increased from £475,000 to £531,291 over the four months to December 2024, the following assumptions must hold true:

• The value of 11 FARRAN DRIVE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The April 2024 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FARRAN DRIVE has not materially changed since April 2024.

How Large is 11 FARRAN DRIVE?

11 FARRAN DRIVE is 119m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 50% of detached houses houses in Codsall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Codsall, and where 11 FARRAN DRIVE lies on this distribution: 46% of detached houses houses are smaller than 11 FARRAN DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Codsall.

11 FARRAN DRIVE: Plot and Title Map

11 FARRAN DRIVE sits on a plot of roughly 20.2 acres, or 81,871m². The below map shows the location of 11 FARRAN DRIVE, 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 11 FARRAN DRIVE). 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 11 FARRAN DRIVE?

11 FARRAN DRIVE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 11 on FARRAN DRIVE.