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

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 RED ROCK DRIVE is a midsized extended detached house of 128m², built sometime between 1950 and 1966. 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	£250,346	2% below HPI
1997 14 JUL	£111,000	£97,258	14% 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 14% above the HPI. So the extrapolation line tracks at 14% 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.

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 in Codsall, based on EPC data. The below chart shows the distribution of detached houses by size in Codsall, and where 3 RED ROCK DRIVE lies on this distribution: 57% of detached houses are smaller than 3 RED ROCK DRIVE, and 42% 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.