16, OLD FARM DRIVE, CODSALL, WOLVERHAMPTON, WV8 1GF - £398,500

16 OLD FARM DRIVE is a very large extended detached house of 173m², built sometime between 1996 and 2002. It was last sold for £398,500 in September 2020, which was around 19% above the average September 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

16 OLD FARM DRIVE Sold Prices

Land registry data shows four sales for 16 OLD FARM DRIVE 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 16 OLD FARM 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
2020 28 SEP	£398,500	£335,691	19% above HPI
2006 29 AUG	£316,000	£255,437	24% above HPI
2003 31 OCT	£295,000	£210,452	40% above HPI
2001 29 JUN	£220,000	£138,998	58% above HPI

16 OLD FARM 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 four 16 OLD FARM DRIVE sales between June 2001 and September 2020 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 August 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2020 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 16 OLD FARM DRIVE?

16 OLD FARM DRIVE is 173m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 20% of detached houses in Bilbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Bilbrook, and where 16 OLD FARM DRIVE lies on this distribution: 90% of detached houses are smaller than 16 OLD FARM DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Bilbrook.

16 OLD FARM DRIVE: Plot and Title Map

16 OLD FARM DRIVE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 16 OLD FARM 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 16 OLD FARM 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 16 OLD FARM DRIVE?

16 OLD FARM DRIVE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 16 on OLD FARM DRIVE.