7, CANFORD CRESCENT, CODSALL, WOLVERHAMPTON, WV8 2AF - £425,000

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.

7 CANFORD CRESCENT is a midsized extended detached house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £509,430. It was last sold for £425,000 in December 2020, which was around 18% above the average December 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

7 CANFORD CRESCENT Sold Prices

Land registry data shows two sales for 7 CANFORD CRESCENT 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. One of the two 7 CANFORD CRESCENT sales was for above the average price, whilst the other was 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
2020 4 DEC	£425,000	£359,827	18% above HPI
2017 17 MAY	£299,950	£301,769	1% below HPI

7 CANFORD CRESCENT 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 7 CANFORD CRESCENT sales from May 2017 and December 2020 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 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2020 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 7 CANFORD CRESCENT be worth now?

7 CANFORD CRESCENT might now be worth an estimated £509,430.

This is based on house price inflation of 19.9%, between December 2020 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 19.9% inflationary increase is applied to the most recent sale price for 7 CANFORD CRESCENT of £425,000 on 4th December 2020. For the value to have increased from £425,000 to £509,430 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 CANFORD CRESCENT has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The December 2020 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CANFORD CRESCENT has not materially changed since December 2020.

How Large is 7 CANFORD CRESCENT?

7 CANFORD CRESCENT is 113m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 7 CANFORD CRESCENT lies on this distribution: 43% of detached houses houses are smaller than 7 CANFORD CRESCENT, and 57% of houses are larger. Note that EPC data is not available for all properties in Codsall.

7 CANFORD CRESCENT: Plot and Title Map

7 CANFORD CRESCENT sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 7 CANFORD CRESCENT, 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 7 CANFORD CRESCENT). 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 7 CANFORD CRESCENT?

7 CANFORD CRESCENT is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 7 on CANFORD CRESCENT.