3, CHERRY ORCHARD, CODSALL, WOLVERHAMPTON, WV8 1AD - £460,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 CHERRY ORCHARD is a large detached house of 145m², built sometime between 2003 and 2006, which could now be worth an estimated £608,013. It was last sold for £460,000 in March 2020, which was around 41% above the average March 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

3 CHERRY ORCHARD Sold Prices

Land registry data shows four sales for 3 CHERRY ORCHARD 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. Most of the four 3 CHERRY ORCHARD 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 6 MAR	£460,000	£326,313	41% above HPI
2017 6 DEC	£210,000	£308,898	32% below HPI
2014 5 SEP	£369,950	£264,059	40% above HPI
2006 7 APR	£320,000	£243,881	31% above HPI

3 CHERRY ORCHARD 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 3 CHERRY ORCHARD sales between April 2006 and March 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 December 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2020 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 3 CHERRY ORCHARD be worth now?

3 CHERRY ORCHARD might now be worth an estimated £608,013.

This is based on house price inflation of 32.2%, between March 2020 and February 2025, 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 32.2% inflationary increase is applied to the most recent sale price for 3 CHERRY ORCHARD of £460,000 on 6th March 2020. For the value to have increased from £460,000 to £608,013 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 3 CHERRY ORCHARD has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The March 2020 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHERRY ORCHARD has not materially changed since March 2020.

How Large is 3 CHERRY ORCHARD?

3 CHERRY ORCHARD is 145m² according to the EPC inspection conducted in July 2014. This puts it in the largest 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 3 CHERRY ORCHARD lies on this distribution: 69% of detached houses houses are smaller than 3 CHERRY ORCHARD, and 31% of houses are larger. Note that EPC data is not available for all properties in Codsall.

3 CHERRY ORCHARD: Plot and Title Map

3 CHERRY ORCHARD sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of 3 CHERRY ORCHARD, 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 3 CHERRY ORCHARD). 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 3 CHERRY ORCHARD?

3 CHERRY ORCHARD is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 3 on CHERRY ORCHARD.