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

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.

5 RAVENHILL DRIVE is a very small extended detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £319,816. It was last sold for £190,000 in February 2007, which was around 26% 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	£256,238	26% below HPI
2006 1 DEC	£197,000	£250,506	21% below HPI
2001 31 AUG	£113,000	£141,552	20% below HPI
2000 5 MAY	£92,000	£126,159	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 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 5 RAVENHILL DRIVE be worth now?

5 RAVENHILL DRIVE might now be worth an estimated £319,816.

This is based on house price inflation of 68.3%, between February 2007 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 68.3% inflationary increase is applied to the most recent sale price for 5 RAVENHILL DRIVE of £190,000 on 16th February 2007. For the value to have increased from £190,000 to £319,816 over the eighteen years to February 2025, the following assumptions must hold true:

• The value of 5 RAVENHILL DRIVE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The February 2007 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RAVENHILL DRIVE has not materially changed since February 2007.

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 houses in Codsall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Codsall, and where 5 RAVENHILL DRIVE lies on this distribution: 13% of detached houses 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.