CHERRY ORCHARD, CODSALL WOOD ROAD, CODSALL WOOD, WOLVERHAMPTON, WV8 1QR - £305,000

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

CHERRY ORCHARD is a midsized detached house of 183m², built sometime between 1991 and 1995. It was last sold for £305,000 in January 2013, which was around 22% above the average January 2013 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

CHERRY ORCHARD Sold Prices

Land registry data shows two sales for CHERRY ORCHARD 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 CHERRY ORCHARD 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
2013 3 JAN	£305,000	£249,135	22% above HPI
1998 28 AUG	£170,000	£103,602	64% above HPI

CHERRY ORCHARD 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 CHERRY ORCHARD sales from August 1998 and January 2013 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 August 1998 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the January 2013 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is CHERRY ORCHARD?

CHERRY ORCHARD is 183m² according to the EPC inspection conducted in June 2012. This puts it in the largest 50% of detached houses in Codsall Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Codsall Wood, and where CHERRY ORCHARD lies on this distribution: 50% of detached houses are smaller than CHERRY ORCHARD, and 50% of houses are larger. Note that EPC data is not available for all properties in Codsall Wood.

CHERRY ORCHARD: Plot and Title Map

CHERRY ORCHARD sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of CHERRY ORCHARD, 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 CHERRY ORCHARD). 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 CHERRY ORCHARD?

CHERRY ORCHARD is located on CODSALL WOOD ROAD in CODSALL WOOD, in the WV8 postcode district. The below map shows the position of CHERRY ORCHARD on CODSALL WOOD ROAD.