46, FAIRFIELD DRIVE, CODSALL, WOLVERHAMPTON, WV8 2AE - £695,000

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.

46 FAIRFIELD DRIVE is a very large detached house of 161m², built sometime between 1991 and 1995, which could now be worth an estimated £725,054. It was last sold for £695,000 in February 2023, which was around 68% above the average February 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

46 FAIRFIELD DRIVE Sold Prices

Land registry data shows three sales for 46 FAIRFIELD 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 46 FAIRFIELD 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
2023 17 FEB	£695,000	£413,432	68% above HPI
2020 11 DEC	£485,000	£359,827	35% above HPI
1995 15 DEC	£152,000	£90,616	68% above HPI

46 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 three 46 FAIRFIELD DRIVE sales between December 1995 and February 2023 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 2020 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2023 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 46 FAIRFIELD DRIVE be worth now?

46 FAIRFIELD DRIVE might now be worth an estimated £725,054.

This is based on house price inflation of 4.3%, between February 2023 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 4.3% inflationary increase is applied to the most recent sale price for 46 FAIRFIELD DRIVE of £695,000 on 17th February 2023. For the value to have increased from £695,000 to £725,054 over the two years to February 2025, the following assumptions must hold true:

• The value of 46 FAIRFIELD DRIVE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The February 2023 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of 46 FAIRFIELD DRIVE has not materially changed since February 2023.

How Large is 46 FAIRFIELD DRIVE?

46 FAIRFIELD DRIVE is 161m² according to the EPC inspection conducted in December 2018. This puts it in the largest 20% 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 46 FAIRFIELD DRIVE lies on this distribution: 80% of detached houses houses are smaller than 46 FAIRFIELD DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Codsall.

46 FAIRFIELD DRIVE: Plot and Title Map

46 FAIRFIELD DRIVE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 46 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 46 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 46 FAIRFIELD DRIVE?

46 FAIRFIELD DRIVE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 46 on FAIRFIELD DRIVE.