34, OLD FARM DRIVE, CODSALL, WOLVERHAMPTON, WV8 1GF - £517,500

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

34 OLD FARM DRIVE is a large detached house of 161m², built sometime between 1996 and 2002. It was last sold for £517,500 in February 2022, which was around 33% above the average February 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

34 OLD FARM DRIVE Sold Prices

Land registry data shows three sales for 34 OLD FARM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 34 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
2022 3 FEB	£517,500	£388,999	33% above HPI
2016 19 JUL	£377,000	£287,723	31% above HPI
2001 25 OCT	£236,000	£140,725	68% above HPI

34 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 three 34 OLD FARM DRIVE sales between October 2001 and February 2022 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 2016 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the February 2022 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 34 OLD FARM DRIVE?

34 OLD FARM DRIVE is 161m² according to the EPC inspection conducted in February 2015. 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 34 OLD FARM DRIVE lies on this distribution: 77% of detached houses are smaller than 34 OLD FARM DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Bilbrook.

34 OLD FARM DRIVE: Plot and Title Map

34 OLD FARM DRIVE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 34 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 34 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 34 OLD FARM DRIVE?

34 OLD FARM DRIVE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 34 on OLD FARM DRIVE.