7, OLD FARM DRIVE, CODSALL, WOLVERHAMPTON, WV8 1GF - £340,000

7 OLD FARM DRIVE is a midsized detached house of 125m², built sometime between 1996 and 2002. It was last sold for £340,000 in June 2018, which was around 9% above the average June 2018 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

7 OLD FARM DRIVE Sold Prices

Land registry data shows two sales for 7 OLD FARM DRIVE 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 7 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 1 JUN	£340,000	£311,423	9% above HPI
2001 25 APR	£180,000	£131,243	37% above HPI

7 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 two 7 OLD FARM DRIVE sales from April 2001 and June 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 April 2001 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2018 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 7 OLD FARM DRIVE?

7 OLD FARM DRIVE is 125m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 50% of detached houses in Bilbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Bilbrook, and where 7 OLD FARM DRIVE lies on this distribution: 48% of detached houses are smaller than 7 OLD FARM DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Bilbrook.

7 OLD FARM DRIVE: Plot and Title Map

7 OLD FARM DRIVE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 7 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 7 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 7 OLD FARM DRIVE?

7 OLD FARM DRIVE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 7 on OLD FARM DRIVE.