HEATHFIELD, HEATH HOUSE LANE, CODSALL, WOLVERHAMPTON, WV8 2DD - £300,000

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

HEATHFIELD is a midsized extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £300,000 in March 2016, which was around 7% above the average March 2016 detached price in the South Staffordshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

HEATHFIELD Sold Prices

Land registry data shows two sales for HEATHFIELD 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 HEATHFIELD 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
2016 18 MAR	£300,000	£279,726	7% above HPI
1996 29 MAR	£107,500	£86,031	25% above HPI

HEATHFIELD 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 HEATHFIELD sales from March 1996 and March 2016 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 1996 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2016 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is HEATHFIELD?

HEATHFIELD is 123m², which includes three extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of detached houses in Codsall, based on EPC data. The below chart shows the distribution of detached houses by size in Codsall, and where HEATHFIELD lies on this distribution: 52% of detached houses are smaller than HEATHFIELD, and 47% of houses are larger. Note that EPC data is not available for all properties in Codsall.

HEATHFIELD: Plot and Title Map

HEATHFIELD sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of HEATHFIELD, 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 HEATHFIELD). 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 HEATHFIELD?

HEATHFIELD is located on HEATH HOUSE LANE in CODSALL, in the WV8 postcode district. The below map shows the position of HEATHFIELD on HEATH HOUSE LANE.