3, RED ROCK DRIVE, CODSALL, WOLVERHAMPTON, WV8 2EU - £246,200

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

3 RED ROCK DRIVE is a midsized extended detached house of 128m², built sometime between 1950 and 1966, which could now be worth an estimated £421,761. It was last sold for £246,200 in December 2012, which was around 2% below the average December 2012 detached price in the South Staffordshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was C.

3 RED ROCK DRIVE Sold Prices

Land registry data shows two sales for 3 RED ROCK DRIVE 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. One of the two 3 RED ROCK DRIVE sales was for below the average price, whilst the other was 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
2012 17 DEC	£246,200	£251,774	2% below HPI
1997 14 JUL	£111,000	£97,813	13% above HPI

3 RED ROCK DRIVE 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 RED ROCK DRIVE sales from July 1997 and December 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 July 1997 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2012 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 3 RED ROCK DRIVE be worth now?

3 RED ROCK DRIVE might now be worth an estimated £421,761.

This is based on house price inflation of 71.3%, between December 2012 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 71.3% inflationary increase is applied to the most recent sale price for 3 RED ROCK DRIVE of £246,200 on 17th December 2012. For the value to have increased from £246,200 to £421,761 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 RED ROCK DRIVE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The December 2012 sale price of £246,200 represented a fair market value for the property.
• The size, condition, and specification of 3 RED ROCK DRIVE has not materially changed since December 2012.

How Large is 3 RED ROCK DRIVE?

3 RED ROCK DRIVE is 128m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 50% 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 RED ROCK DRIVE lies on this distribution: 57% of detached houses houses are smaller than 3 RED ROCK DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Codsall.

3 RED ROCK DRIVE: Plot and Title Map

3 RED ROCK DRIVE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 3 RED ROCK DRIVE, 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 RED ROCK DRIVE). 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 RED ROCK DRIVE?

3 RED ROCK DRIVE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 3 on RED ROCK DRIVE.