3, MAGNOLIA GROVE, CODSALL, WOLVERHAMPTON, WV8 1HG - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 MAGNOLIA GROVE is a small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £165,000 in November 2012, which was around 35% below the average November 2012 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

3 MAGNOLIA GROVE Sold Prices

Land registry data shows three sales for 3 MAGNOLIA GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 3 MAGNOLIA GROVE 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
2012 30 NOV	£165,000	£254,345	35% below HPI
2007 25 APR	£195,000	£261,945	26% below HPI
1996 5 JAN	£60,000	£88,967	33% below HPI

3 MAGNOLIA GROVE 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 three 3 MAGNOLIA GROVE sales between January 1996 and November 2012 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 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2012 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 3 MAGNOLIA GROVE?

3 MAGNOLIA GROVE is 89m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses in Bilbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Bilbrook, and where 3 MAGNOLIA GROVE lies on this distribution: 22% of detached houses are smaller than 3 MAGNOLIA GROVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Bilbrook.

3 MAGNOLIA GROVE: Plot and Title Map

3 MAGNOLIA GROVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 3 MAGNOLIA GROVE, 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 MAGNOLIA GROVE). 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 MAGNOLIA GROVE?

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