LOCKRIDGE, BIRCHES AVENUE, CODSALL, WOLVERHAMPTON, WV8 2JG - £310,000

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.

LOCKRIDGE is a midsized extended detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £486,654. It was last sold for £310,000 in May 2016, which was around 11% above the average May 2016 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

LOCKRIDGE Sold Prices

Land registry data shows two sales for LOCKRIDGE 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. One of the two LOCKRIDGE sales was for above the average price, whilst the other was for below 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 20 MAY	£310,000	£278,179	11% above HPI
2008 26 JUN	£170,000	£265,957	36% below HPI

LOCKRIDGE 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 LOCKRIDGE sales from June 2008 and May 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 June 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2016 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might LOCKRIDGE be worth now?

LOCKRIDGE might now be worth an estimated £486,654.

This is based on house price inflation of 57%, between May 2016 and June 2025, for 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 57% inflationary increase is applied to the most recent sale price for LOCKRIDGE of £310,000 on 20th May 2016. For the value to have increased from £310,000 to £486,654 over the eight years and eleven months to June 2025, the following assumptions must hold true:

• The value of LOCKRIDGE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The May 2016 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of LOCKRIDGE has not materially changed since May 2016.

How Large is LOCKRIDGE?

LOCKRIDGE is 111m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 50% of detached houses houses in Codsall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Codsall, and where LOCKRIDGE lies on this distribution: 40% of detached houses houses are smaller than LOCKRIDGE, and 59% of houses are larger. Note that EPC data is not available for all properties in Codsall.

LOCKRIDGE: Plot and Title Map

LOCKRIDGE sits on a plot of roughly 0.201 of an acre, or 812m². The below map shows the location of LOCKRIDGE, 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 LOCKRIDGE). 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 LOCKRIDGE?

LOCKRIDGE is located on BIRCHES AVENUE in CODSALL, in the WV8 postcode district. The below map shows the position of LOCKRIDGE on BIRCHES AVENUE.