4, FAIRFIELD DRIVE, CODSALL, WOLVERHAMPTON, WV8 2AG - £450,000

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.

4 FAIRFIELD DRIVE is a small detached house of 103m², built sometime between 1976 and 1982, which could now be worth an estimated £539,397. It was last sold for £450,000 in December 2020, which was around 25% above the average December 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

4 FAIRFIELD DRIVE Sold Prices

Land registry data shows two sales for 4 FAIRFIELD 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 4 FAIRFIELD DRIVE sales was for above the average price, whilst the other was for below 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
2020 11 DEC	£450,000	£359,827	25% above HPI
2015 9 OCT	£277,500	£282,631	2% below HPI

4 FAIRFIELD 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 4 FAIRFIELD DRIVE sales from October 2015 and December 2020 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 October 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2020 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 4 FAIRFIELD DRIVE be worth now?

4 FAIRFIELD DRIVE might now be worth an estimated £539,397.

This is based on house price inflation of 19.9%, between December 2020 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 19.9% inflationary increase is applied to the most recent sale price for 4 FAIRFIELD DRIVE of £450,000 on 11th December 2020. For the value to have increased from £450,000 to £539,397 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 FAIRFIELD DRIVE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The December 2020 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FAIRFIELD DRIVE has not materially changed since December 2020.

How Large is 4 FAIRFIELD DRIVE?

4 FAIRFIELD DRIVE is 103m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% 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 4 FAIRFIELD DRIVE lies on this distribution: 34% of detached houses houses are smaller than 4 FAIRFIELD DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Codsall.

4 FAIRFIELD DRIVE: Plot and Title Map

4 FAIRFIELD DRIVE sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of 4 FAIRFIELD 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 4 FAIRFIELD 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 4 FAIRFIELD DRIVE?

4 FAIRFIELD DRIVE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 4 on FAIRFIELD DRIVE.