3, MILL STREAM CLOSE, CODSALL, WOLVERHAMPTON, WV8 1DU - £635,000

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

3 MILL STREAM CLOSE is a very large extended detached house of 232m², built sometime between 1991 and 1995. It was last sold for £635,000 in May 2024, which was around 55% above the average May 2024 detached price in the South Staffordshire local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was C.

3 MILL STREAM CLOSE Sold Prices

Land registry data shows two sales for 3 MILL STREAM CLOSE 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 3 MILL STREAM CLOSE 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
2024 20 MAY	£635,000	£409,121	55% above HPI
2015 27 NOV	£375,000	£278,884	34% above HPI

3 MILL STREAM CLOSE 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 3 MILL STREAM CLOSE sales from November 2015 and May 2024 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 November 2015 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the May 2024 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 3 MILL STREAM CLOSE?

3 MILL STREAM CLOSE is 232m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 10% 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 MILL STREAM CLOSE lies on this distribution: 99% of detached houses are smaller than 3 MILL STREAM CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Bilbrook.

3 MILL STREAM CLOSE: Plot and Title Map

3 MILL STREAM CLOSE sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of 3 MILL STREAM CLOSE, 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 MILL STREAM CLOSE). 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 MILL STREAM CLOSE?

3 MILL STREAM CLOSE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 3 on MILL STREAM CLOSE.