3, SANDY LANE, CODSALL, WOLVERHAMPTON, WV8 1EJ - £467,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SANDY LANE is a large extended detached house of 154m², built sometime between 1967 and 1975, which could now be worth an estimated £558,703. 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.

3 SANDY LANE Sold Prices

Land registry data shows five sales for 3 SANDY LANE since 1^st 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	£360,903	30% above HPI
2018 12 DEC	£430,000	£322,743	33% above HPI
2008 25 JAN	£375,000	£281,042	33% above HPI
2003 20 JUN	£275,000	£201,360	37% above HPI
2000 10 MAY	£186,500	£126,159	48% above HPI

3 SANDY LANE 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 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 33% above the HPI. So the extrapolation line tracks at 33% 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.

What might 3 SANDY LANE be worth now?

3 SANDY LANE might now be worth an estimated £558,703.

This is based on house price inflation of 19.5%, between March 2021 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 19.5% inflationary increase is applied to the most recent sale price for 3 SANDY LANE of £467,500 on 11th March 2021. For the value to have increased from £467,500 to £558,703 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 3 SANDY LANE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The March 2021 sale price of £467,500 represented a fair market value for the property.
• The size, condition, and specification of 3 SANDY LANE has not materially changed since March 2021.

How Large is 3 SANDY LANE?

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 houses in Codsall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Codsall, and where 3 SANDY LANE lies on this distribution: 77% of detached houses houses are smaller than 3 SANDY LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Codsall.

3 SANDY LANE: Plot and Title Map

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.

Where is 3 SANDY LANE?

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