1A, WHEEL AVENUE, CODSALL, WOLVERHAMPTON, WV8 1SB - £240,000

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

1A WHEEL AVENUE is a very small extended detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £428,147. It was last sold for £240,000 in June 2006, which was around 4% below the average June 2006 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

1A WHEEL AVENUE Sold Prices

Land registry data shows two sales for 1A WHEEL AVENUE 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 1A WHEEL AVENUE sales was for below the average price, whilst the other was 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
2006 14 JUN	£240,000	£251,144	4% below HPI
2002 12 APR	£184,500	£148,261	24% above HPI

1A WHEEL AVENUE 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 1A WHEEL AVENUE sales from April 2002 and June 2006 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 April 2002 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2006 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1A WHEEL AVENUE be worth now?

1A WHEEL AVENUE might now be worth an estimated £428,147.

This is based on house price inflation of 78.4%, between June 2006 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 78.4% inflationary increase is applied to the most recent sale price for 1A WHEEL AVENUE of £240,000 on 14th June 2006. For the value to have increased from £240,000 to £428,147 over the seventeen years and six months to December 2024, the following assumptions must hold true:

• The value of 1A WHEEL AVENUE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The June 2006 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1A WHEEL AVENUE has not materially changed since June 2006.

How Large is 1A WHEEL AVENUE?

1A WHEEL AVENUE is 89m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% 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 1A WHEEL AVENUE lies on this distribution: 18% of detached houses houses are smaller than 1A WHEEL AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Codsall.

1A WHEEL AVENUE: Plot and Title Map

1A WHEEL AVENUE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 1A WHEEL AVENUE, 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 1A WHEEL AVENUE). 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 1A WHEEL AVENUE?

1A WHEEL AVENUE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 1A on WHEEL AVENUE.