HAZELDENE, HAWTHORNE LANE, CODSALL, WOLVERHAMPTON, WV8 2DA - £185,000

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.

HAZELDENE is a very small extended semi-detached house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £310,761. It was last sold for £185,000 in February 2011, which was around 18% above the average February 2011 semi-detached price in the South Staffordshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

HAZELDENE Sold Prices

Land registry data shows two sales for HAZELDENE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two HAZELDENE 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
2011 22 FEB	£185,000	£156,707	18% above HPI
1998 26 JUN	£81,000	£59,799	35% above HPI

HAZELDENE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two HAZELDENE sales from June 1998 and February 2011 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 June 1998 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2011 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might HAZELDENE be worth now?

HAZELDENE might now be worth an estimated £310,761.

This is based on house price inflation of 68%, between February 2011 and February 2025, for semi-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 68% inflationary increase is applied to the most recent sale price for HAZELDENE of £185,000 on 22nd February 2011. For the value to have increased from £185,000 to £310,761 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of HAZELDENE has moved in line with the HPI for semi-detached houses in the South Staffordshire local authority area.
• The February 2011 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of HAZELDENE has not materially changed since February 2011.

How Large is HAZELDENE?

HAZELDENE is 86m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of semi-detached houses houses in Codsall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Codsall, and where HAZELDENE lies on this distribution: 15% of semi-detached houses houses are smaller than HAZELDENE, and 84% of houses are larger. Note that EPC data is not available for all properties in Codsall.

HAZELDENE: Plot and Title Map

HAZELDENE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of HAZELDENE, 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 HAZELDENE). 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 HAZELDENE?

HAZELDENE is located on HAWTHORNE LANE in CODSALL, in the WV8 postcode district. The below map shows the position of HAZELDENE on HAWTHORNE LANE.