12, OLD FARM DRIVE, CODSALL, WOLVERHAMPTON, WV8 1GF - £315,000

12 OLD FARM DRIVE is a very large detached house of 185m², built sometime between 1996 and 2002. It was last sold for £315,000 in January 2010, which was around 22% above the average January 2010 detached price in the South Staffordshire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

12 OLD FARM DRIVE Sold Prices

Land registry data shows four sales for 12 OLD FARM DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 12 OLD FARM DRIVE 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
2010 27 JAN	£315,000	£258,645	22% above HPI
2002 11 DEC	£250,000	£185,719	35% above HPI
2002 19 SEP	£243,000	£172,522	41% above HPI
2001 28 FEB	£230,000	£130,129	77% above HPI

12 OLD FARM DRIVE 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 four 12 OLD FARM DRIVE sales between February 2001 and January 2010 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 2002 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the January 2010 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 12 OLD FARM DRIVE?

12 OLD FARM DRIVE is 185m² according to the EPC inspection conducted in November 2008. This puts it in the largest 10% of detached houses in Bilbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Bilbrook, and where 12 OLD FARM DRIVE lies on this distribution: 95% of detached houses are smaller than 12 OLD FARM DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Bilbrook.

12 OLD FARM DRIVE: Plot and Title Map

12 OLD FARM DRIVE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 12 OLD FARM DRIVE, 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 12 OLD FARM DRIVE). 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 12 OLD FARM DRIVE?

12 OLD FARM DRIVE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 12 on OLD FARM DRIVE.