2, OAKEN COVERT, CODSALL, WOLVERHAMPTON, WV8 2BG - £510,000

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

2 OAKEN COVERT is a small detached house of 107m², built sometime between 1976 and 1982, which could now be worth an estimated £578,199. It was last sold for £510,000 in April 2022, which was around 29% above the average April 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

2 OAKEN COVERT Sold Prices

Land registry data shows two sales for 2 OAKEN COVERT 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 OAKEN COVERT 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
2022 14 APR	£510,000	£395,182	29% above HPI
2016 26 FEB	£368,000	£285,168	29% above HPI

2 OAKEN COVERT 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 OAKEN COVERT sales from February 2016 and April 2022 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 February 2016 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the April 2022 sale, which was also at 29% above the HPI.

What might 2 OAKEN COVERT be worth now?

2 OAKEN COVERT might now be worth an estimated £578,199.

This is based on house price inflation of 13.4%, between April 2022 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 13.4% inflationary increase is applied to the most recent sale price for 2 OAKEN COVERT of £510,000 on 14th April 2022. For the value to have increased from £510,000 to £578,199 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of 2 OAKEN COVERT has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The April 2022 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKEN COVERT has not materially changed since April 2022.

How Large is 2 OAKEN COVERT?

2 OAKEN COVERT is 107m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% 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 2 OAKEN COVERT lies on this distribution: 37% of detached houses houses are smaller than 2 OAKEN COVERT, and 62% of houses are larger. Note that EPC data is not available for all properties in Codsall.

2 OAKEN COVERT: Plot and Title Map

2 OAKEN COVERT sits on a plot of roughly 0.146 of an acre, or 589m². The below map shows the location of 2 OAKEN COVERT, 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 OAKEN COVERT). 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 OAKEN COVERT?

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