5, OLD FARM DRIVE, CODSALL, WOLVERHAMPTON, WV8 1GF - £385,000

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

5 OLD FARM DRIVE is a large detached house of 155m², built sometime between 1996 and 2002. It was last sold for £385,000 in August 2013, which was around 49% above the average August 2013 detached price in the South Staffordshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

5 OLD FARM DRIVE Sold Prices

Land registry data shows two sales for 5 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 5 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
2013 15 AUG	£385,000	£258,215	49% above HPI
2002 15 NOV	£249,500	£183,096	36% above HPI

5 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 5 OLD FARM DRIVE sales from November 2002 and August 2013 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 November 2002 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the August 2013 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 5 OLD FARM DRIVE?

5 OLD FARM DRIVE is 155m² according to the EPC inspection conducted in April 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 5 OLD FARM DRIVE lies on this distribution: 70% of detached houses are smaller than 5 OLD FARM DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Bilbrook.

5 OLD FARM DRIVE: Plot and Title Map

5 OLD FARM DRIVE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 5 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 5 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 5 OLD FARM DRIVE?

5 OLD FARM DRIVE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 5 on OLD FARM DRIVE.