12, OAKTREE RISE, CODSALL, WOLVERHAMPTON, WV8 1DP - £365,000

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

12 OAKTREE RISE is a midsized detached house of 121m², built sometime between 2003 and 2006. It was last sold for £365,000 in September 2021, which was around 2% below the average September 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

12 OAKTREE RISE Sold Prices

Land registry data shows two sales for 12 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. One of the two 12 OAKTREE RISE sales was for below the average price, whilst the other was roughly equal to 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
2021 24 SEP	£365,000	£372,565	2% below HPI
2005 1 JUL	£238,000	£237,983	Close to HPI

12 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 12 OAKTREE RISE sales from July 2005 and September 2021 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 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 12 OAKTREE RISE?

12 OAKTREE RISE is 121m² according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses in Codsall, based on EPC data. The below chart shows the distribution of detached houses by size in Codsall, and where 12 OAKTREE RISE lies on this distribution: 50% of detached houses are smaller than 12 OAKTREE RISE, and 49% of houses are larger. Note that EPC data is not available for all properties in Codsall.

12 OAKTREE RISE: Plot and Title Map

12 OAKTREE RISE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 12 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 12 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 12 OAKTREE RISE?

12 OAKTREE RISE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 12 on OAKTREE RISE.