5, RAVENHILL DRIVE, CODSALL, WOLVERHAMPTON, WV8 1BA - £190,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 RAVENHILL DRIVE is a very small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £190,000 in February 2007, which was around 25% below the average February 2007 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

5 RAVENHILL DRIVE Sold Prices

Land registry data shows four sales for 5 RAVENHILL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 5 RAVENHILL DRIVE sales were 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
2007 16 FEB	£190,000	£254,784	25% below HPI
2006 1 DEC	£197,000	£249,085	21% below HPI
2001 31 AUG	£113,000	£140,750	20% below HPI
2000 5 MAY	£92,000	£125,443	27% below HPI

5 RAVENHILL 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 four 5 RAVENHILL DRIVE sales between May 2000 and February 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 December 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2007 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 5 RAVENHILL DRIVE?

5 RAVENHILL DRIVE is 84m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses in Codsall, based on EPC data. The below chart shows the distribution of detached houses by size in Codsall, and where 5 RAVENHILL DRIVE lies on this distribution: 13% of detached houses are smaller than 5 RAVENHILL DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Codsall.

5 RAVENHILL DRIVE: Plot and Title Map

5 RAVENHILL DRIVE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 5 RAVENHILL 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 RAVENHILL 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 RAVENHILL DRIVE?

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