54, RAVENHILL DRIVE, CODSALL, WOLVERHAMPTON, WV8 1BL - £139,950

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

54 RAVENHILL DRIVE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £139,950 in January 2017, which was around 52% below the average January 2017 detached price in the South Staffordshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

54 RAVENHILL DRIVE Sold Prices

Land registry data shows two sales for 54 RAVENHILL 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 54 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
2017 25 JAN	£139,950	£293,321	52% below HPI
1997 19 SEP	£58,950	£97,297	39% below HPI

54 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 two 54 RAVENHILL DRIVE sales from September 1997 and January 2017 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 September 1997 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2017 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 54 RAVENHILL DRIVE?

54 RAVENHILL DRIVE is 70m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses in Codsall, based on EPC data. The below chart shows the distribution of detached houses by size in Codsall, and where 54 RAVENHILL DRIVE lies on this distribution: 6% of detached houses are smaller than 54 RAVENHILL DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Codsall.

54 RAVENHILL DRIVE: Plot and Title Map

54 RAVENHILL DRIVE sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 54 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 54 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 54 RAVENHILL DRIVE?

54 RAVENHILL DRIVE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 54 on RAVENHILL DRIVE.