47, OLD FARM DRIVE, CODSALL, WOLVERHAMPTON, WV8 1GF - £395,000

47 OLD FARM DRIVE is a very large detached house of 162m², built sometime between 1996 and 2002. It was last sold for £395,000 in April 2018, which was around 24% above the average April 2018 detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

47 OLD FARM DRIVE Sold Prices

Land registry data shows three sales for 47 OLD FARM DRIVE 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 47 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
2018 27 APR	£395,000	£317,776	24% above HPI
2003 24 OCT	£310,000	£210,452	47% above HPI
2001 30 NOV	£247,000	£140,880	75% above HPI

47 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 three 47 OLD FARM DRIVE sales between November 2001 and April 2018 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 October 2003 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the April 2018 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 47 OLD FARM DRIVE?

47 OLD FARM DRIVE is 162m² according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of detached houses in Bilbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Bilbrook, and where 47 OLD FARM DRIVE lies on this distribution: 81% of detached houses are smaller than 47 OLD FARM DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Bilbrook.

47 OLD FARM DRIVE: Plot and Title Map

47 OLD FARM DRIVE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 47 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 47 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 47 OLD FARM DRIVE?

47 OLD FARM DRIVE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 47 on OLD FARM DRIVE.