11, OAKTREE RISE, CODSALL, WOLVERHAMPTON, WV8 1DP - £300,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 OAKTREE RISE is a large extended detached house of 146m², built sometime between 2003 and 2006. It was last sold for £300,000 in January 2011, which was around 15% above the average January 2011 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

11 OAKTREE RISE Sold Prices

Land registry data shows three sales for 11 OAKTREE RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 11 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
2011 31 JAN	£300,000	£261,062	15% above HPI
2007 14 SEP	£300,000	£266,441	13% above HPI
2004 21 APR	£245,000	£211,640	16% above HPI

11 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 three 11 OAKTREE RISE sales between April 2004 and January 2011 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 September 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2011 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 11 OAKTREE RISE?

11 OAKTREE RISE is 146m², which includes one extension, according to the EPC inspection conducted in September 2010. 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 11 OAKTREE RISE lies on this distribution: 70% of detached houses are smaller than 11 OAKTREE RISE, and 30% of houses are larger. Note that EPC data is not available for all properties in Codsall.

11 OAKTREE RISE: Plot and Title Map

11 OAKTREE RISE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 11 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 11 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 11 OAKTREE RISE?

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