31, OLD FARM DRIVE, CODSALL, WOLVERHAMPTON, WV8 1GF - £370,000

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

31 OLD FARM DRIVE is a large detached house of 161m², built sometime between 1996 and 2002. It was last sold for £370,000 in August 2007, which was around 38% above the average August 2007 detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

31 OLD FARM DRIVE Sold Prices

Land registry data shows two sales for 31 OLD FARM 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. Both of the two 31 OLD FARM DRIVE 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
2007 23 AUG	£370,000	£267,633	38% above HPI
2002 8 FEB	£249,500	£141,834	76% above HPI

31 OLD FARM 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 31 OLD FARM DRIVE sales from February 2002 and August 2007 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 February 2002 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the August 2007 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 31 OLD FARM DRIVE?

31 OLD FARM DRIVE is 161m² according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of detached houses in Bilbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Bilbrook, and where 31 OLD FARM DRIVE lies on this distribution: 77% of detached houses are smaller than 31 OLD FARM DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Bilbrook.

31 OLD FARM DRIVE: Plot and Title Map

31 OLD FARM DRIVE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 31 OLD FARM 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 31 OLD FARM 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 31 OLD FARM DRIVE?

31 OLD FARM DRIVE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 31 on OLD FARM DRIVE.