PALMERS CROSS FARM, CODSALL ROAD, WOLVERHAMPTON, WV6 9QG - £595,000

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

PALMERS CROSS FARM is a very large extended detached house of 437m², built sometime before 1900. It was last sold for £595,000 in September 2002, which was around 245% above the average September 2002 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

PALMERS CROSS FARM Sold Prices

Land registry data shows two sales for PALMERS CROSS FARM 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 PALMERS CROSS FARM 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
2002 19 SEP	£595,000	£172,522	245% above HPI
1996 16 DEC	£170,000	£92,554	84% above HPI

PALMERS CROSS FARM 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 PALMERS CROSS FARM sales from December 1996 and September 2002 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 December 1996 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the September 2002 sale, where it rises to 245% above the HPI. The line then continues to track at 245% above the HPI.

How Large is PALMERS CROSS FARM?

PALMERS CROSS FARM is 437m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where PALMERS CROSS FARM lies on this distribution: More than 99% of detached houses are smaller than PALMERS CROSS FARM, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

PALMERS CROSS FARM: Plot and Title Map

PALMERS CROSS FARM sits on a plot of roughly 1.0 acres, or 4,120m². The below map shows the location of PALMERS CROSS FARM, 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 PALMERS CROSS FARM). 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 PALMERS CROSS FARM?

PALMERS CROSS FARM is located on CODSALL ROAD in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of PALMERS CROSS FARM on CODSALL ROAD.