9, MAGNOLIA GROVE, CODSALL, WOLVERHAMPTON, WV8 1HG - £218,500

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.

9 MAGNOLIA GROVE is a midsized extended terraced house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £327,043. It was last sold for £218,500 in July 2016, which was around 44% above the average July 2016 terraced price in the South Staffordshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

9 MAGNOLIA GROVE Sold Prices

Land registry data shows three sales for 9 MAGNOLIA GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the South Staffordshire local authority area for the corresponding sale date. All of the three 9 MAGNOLIA GROVE 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
2016 22 JUL	£218,500	£151,927	44% above HPI
2012 26 OCT	£195,000	£134,149	45% above HPI
2000 6 NOV	£122,000	£58,942	107% above HPI

9 MAGNOLIA GROVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 9 MAGNOLIA GROVE sales between November 2000 and July 2016 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 2012 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the July 2016 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 9 MAGNOLIA GROVE be worth now?

9 MAGNOLIA GROVE might now be worth an estimated £327,043.

This is based on house price inflation of 49.7%, between July 2016 and June 2025, for terraced 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 49.7% inflationary increase is applied to the most recent sale price for 9 MAGNOLIA GROVE of £218,500 on 22nd July 2016. For the value to have increased from £218,500 to £327,043 over the nine years and one month to June 2025, the following assumptions must hold true:

• The value of 9 MAGNOLIA GROVE has moved in line with the HPI for terraced houses in the South Staffordshire local authority area.
• The July 2016 sale price of £218,500 represented a fair market value for the property.
• The size, condition, and specification of 9 MAGNOLIA GROVE has not materially changed since July 2016.

How Large is 9 MAGNOLIA GROVE?

9 MAGNOLIA GROVE is 121m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of terraced houses houses in Bilbrook, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bilbrook, and where 9 MAGNOLIA GROVE lies on this distribution: 47% of terraced houses houses are smaller than 9 MAGNOLIA GROVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Bilbrook.

9 MAGNOLIA GROVE: Plot and Title Map

9 MAGNOLIA GROVE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 9 MAGNOLIA GROVE, 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 9 MAGNOLIA GROVE). 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 9 MAGNOLIA GROVE?

9 MAGNOLIA GROVE is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 9 on MAGNOLIA GROVE.