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 SANDY LANE is a large extended detached house of 154m², built sometime between 1967 and 1975. It was last sold for £467,500 in March 2021, which was around 30% above the average March 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows five sales for 3 SANDY LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the five 3 SANDY LANE 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 |
---|---|---|---|
2021 11 MAR | £467,500 | £358,855 | 30% above HPI |
2018 12 DEC | £430,000 | £320,912 | 34% above HPI |
2008 25 JAN | £375,000 | £279,448 | 34% above HPI |
2003 20 JUN | £275,000 | £200,218 | 37% above HPI |
2000 10 MAY | £186,500 | £125,443 | 49% above HPI |
The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The five 3 SANDY LANE sales between May 2000 and March 2021 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 2018 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2021 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.
3 SANDY LANE is 154m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 30% 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 SANDY LANE lies on this distribution: 77% of detached houses are smaller than 3 SANDY LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Codsall.
3 SANDY LANE sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 3 SANDY LANE, 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 SANDY LANE). 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.
3 SANDY LANE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 3 on SANDY LANE.