6, OAKTREE RISE, CODSALL, WOLVERHAMPTON, WV8 1DP - £348,000

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.

6 OAKTREE RISE is a midsized extended detached house of 124m², built sometime between 2003 and 2006, which could now be worth an estimated £448,637. It was last sold for £348,000 in October 2019, which was around 4% above the average October 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

6 OAKTREE RISE Sold Prices

Land registry data shows two sales for 6 OAKTREE RISE 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 OAKTREE RISE sales were for above 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
2019 11 OCT	£348,000	£334,560	4% above HPI
2005 12 MAY	£240,000	£236,251	2% above HPI

6 OAKTREE RISE 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 OAKTREE RISE sales from May 2005 and October 2019 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 May 2005 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2019 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 6 OAKTREE RISE be worth now?

6 OAKTREE RISE might now be worth an estimated £448,637.

This is based on house price inflation of 28.9%, between October 2019 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 28.9% inflationary increase is applied to the most recent sale price for 6 OAKTREE RISE of £348,000 on 11th October 2019. For the value to have increased from £348,000 to £448,637 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 6 OAKTREE RISE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The October 2019 sale price of £348,000 represented a fair market value for the property.
• The size, condition, and specification of 6 OAKTREE RISE has not materially changed since October 2019.

How Large is 6 OAKTREE RISE?

6 OAKTREE RISE is 124m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 50% 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 6 OAKTREE RISE lies on this distribution: 53% of detached houses houses are smaller than 6 OAKTREE RISE, and 47% of houses are larger. Note that EPC data is not available for all properties in Codsall.

6 OAKTREE RISE: Plot and Title Map

6 OAKTREE RISE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 6 OAKTREE RISE, 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 OAKTREE RISE). 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 OAKTREE RISE?

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