2, MEADOW WAY, CODSALL, WOLVERHAMPTON, WV8 2AS - £225,000

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

2 MEADOW WAY is a small extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £225,000 in November 2010, which was around 13% below the average November 2010 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

2 MEADOW WAY Sold Prices

Land registry data shows two sales for 2 MEADOW WAY 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 2 MEADOW WAY sales were for below 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
2010 11 NOV	£225,000	£259,590	13% below HPI
2002 26 MAR	£140,000	£144,397	3% below HPI

2 MEADOW WAY 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 2 MEADOW WAY sales from March 2002 and November 2010 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 March 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2010 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 MEADOW WAY?

2 MEADOW WAY is 101m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 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 2 MEADOW WAY lies on this distribution: 32% of detached houses are smaller than 2 MEADOW WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Codsall.

2 MEADOW WAY: Plot and Title Map

2 MEADOW WAY sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 2 MEADOW WAY, 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 2 MEADOW WAY). 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 2 MEADOW WAY?

2 MEADOW WAY is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 2 on MEADOW WAY.