6, CRANLEY DRIVE, CODSALL, WOLVERHAMPTON, WV8 1AS - £281,000

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

6 CRANLEY DRIVE is a very small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £281,000 in October 2023, which was around 30% below the average October 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

6 CRANLEY DRIVE Sold Prices

Land registry data shows two sales for 6 CRANLEY 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 6 CRANLEY 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
2023 27 OCT	£281,000	£402,393	30% below HPI
1998 28 OCT	£78,000	£104,523	25% below HPI

6 CRANLEY 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 6 CRANLEY DRIVE sales from October 1998 and October 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 October 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 6 CRANLEY DRIVE?

6 CRANLEY DRIVE is 82m² according to the EPC inspection conducted in April 2023. 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 6 CRANLEY DRIVE lies on this distribution: 11% of detached houses are smaller than 6 CRANLEY DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Codsall.

6 CRANLEY DRIVE: Plot and Title Map

6 CRANLEY DRIVE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 6 CRANLEY 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 6 CRANLEY 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 6 CRANLEY DRIVE?

6 CRANLEY DRIVE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 6 on CRANLEY DRIVE.