6, HEATH FARM ROAD, CODSALL, WOLVERHAMPTON, WV8 1HT - £240,000

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

6 HEATH FARM ROAD is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £240,000 in February 2018, which was around 25% below the average February 2018 detached price in the South Staffordshire local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

6 HEATH FARM ROAD Sold Prices

Land registry data shows two sales for 6 HEATH FARM ROAD 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 HEATH FARM ROAD 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
2018 2 FEB	£240,000	£320,441	25% below HPI
2017 20 MAR	£200,000	£296,692	33% below HPI

6 HEATH FARM ROAD 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 HEATH FARM ROAD sales from March 2017 and February 2018 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 March 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 6 HEATH FARM ROAD?

6 HEATH FARM ROAD is 94m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the smallest 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 6 HEATH FARM ROAD lies on this distribution: 25% of detached houses are smaller than 6 HEATH FARM ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Bilbrook.

6 HEATH FARM ROAD: Plot and Title Map

6 HEATH FARM ROAD sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 6 HEATH FARM ROAD, 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 HEATH FARM ROAD). 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 HEATH FARM ROAD?

6 HEATH FARM ROAD is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 6 on HEATH FARM ROAD.