THE CEDARS, CHURCH LANE, COVEN, WOLVERHAMPTON, WV9 5DE - £395,000

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.

THE CEDARS is a very large extended detached house of 186m², built sometime between 1983 and 1990, which could now be worth an estimated £551,658. It was last sold for £395,000 in April 2019, which was around 28% above the average April 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was C.

THE CEDARS Sold Prices

Land registry data shows three sales for THE CEDARS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three THE CEDARS 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
2019 26 APR	£395,000	£308,828	28% above HPI
2013 26 SEP	£270,000	£254,004	6% above HPI
1998 11 FEB	£128,000	£99,939	28% above HPI

THE CEDARS 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 three THE CEDARS sales between February 1998 and April 2019 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 September 2013 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2019 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might THE CEDARS be worth now?

THE CEDARS might now be worth an estimated £551,658.

This is based on house price inflation of 39.7%, between April 2019 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 39.7% inflationary increase is applied to the most recent sale price for THE CEDARS of £395,000 on 26th April 2019. For the value to have increased from £395,000 to £551,658 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of THE CEDARS has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The April 2019 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of THE CEDARS has not materially changed since April 2019.

How Large is THE CEDARS?

THE CEDARS is 186m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 10% of detached houses houses in Coven, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coven, and where THE CEDARS lies on this distribution: 97% of detached houses houses are smaller than THE CEDARS, and 2% of houses are larger. Note that EPC data is not available for all properties in Coven.

THE CEDARS: Plot and Title Map

THE CEDARS sits on a plot of roughly 0.189 of an acre, or 765m². The below map shows the location of THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

THE CEDARS is located on CHURCH LANE in COVEN, in the WV9 postcode district. The below map shows the position of THE CEDARS on CHURCH LANE.