The Bike to the Future competition was based around current environmental hot topics and ran every night on ITV Central News.
Mr Codd said: "It is a magnificent bike and will do about 20 to 30 miles when charged up, if you use your legs it will go a bit further.
"The bike arrived with the snow though so I have not had a chance to use it yet but I am looking forward to getting out on it."
Mr Codd cycled to work for 30 years but has not used a cycle for the past 40 years.
He said: "It was a really pleasant surprise, I have never won anything before and this is my first ever brand new bike.
"The last one cost me £3 second hand."