79, OAKEN LANES, CODSALL, WOLVERHAMPTON, WV8 2AR - £298,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

79 OAKEN LANES is a very large detached house of 190m², built sometime between 1976 and 1982. It was last sold for £298,000 in July 2004, which was around 29% above the average July 2004 detached price in the South Staffordshire local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was C.

79 OAKEN LANES Sold Prices

Land registry data shows two sales for 79 OAKEN LANES 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 79 OAKEN LANES 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
2004 1 JUL	£298,000	£230,305	29% above HPI
1998 2 APR	£157,750	£99,601	58% above HPI

79 OAKEN LANES 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 79 OAKEN LANES sales from April 1998 and July 2004 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 April 1998 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the July 2004 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 79 OAKEN LANES be worth now?

79 OAKEN LANES might now be worth an estimated £579,718.

This is based on house price inflation of 94.5%, between July 2004 and December 2024, 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 94.5% inflationary increase is applied to the most recent sale price for 79 OAKEN LANES of £298,000 on 1st July 2004. For the value to have increased from £298,000 to £579,718 over the nineteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 79 OAKEN LANES has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The July 2004 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 79 OAKEN LANES has not materially changed since July 2004.

How Large is 79 OAKEN LANES?

79 OAKEN LANES is 190m² according to the EPC inspection conducted in December 2013. This puts it in the largest 10% 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 79 OAKEN LANES lies on this distribution: 91% of detached houses houses are smaller than 79 OAKEN LANES, and 9% of houses are larger. Note that EPC data is not available for all properties in Codsall.

79 OAKEN LANES: Plot and Title Map

79 OAKEN LANES sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of 79 OAKEN LANES, 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 79 OAKEN LANES). 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 79 OAKEN LANES?

79 OAKEN LANES is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 79 on OAKEN LANES.