14, OAKS DRIVE, WOMBOURNE, WOLVERHAMPTON, WV5 0LA - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 OAKS DRIVE is a large extended detached house of 143m², built sometime between 1950 and 1966. It was last sold for £315,000 in December 2018, which was around 2% below the average December 2018 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

14 OAKS DRIVE Sold Prices

Land registry data shows two sales for 14 OAKS 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 14 OAKS DRIVE sales were 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
2018 6 DEC	£315,000	£320,912	2% below HPI
2010 25 OCT	£250,000	£260,330	4% below HPI

14 OAKS 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 14 OAKS DRIVE sales from October 2010 and December 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 October 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 14 OAKS DRIVE?

14 OAKS DRIVE is 143m², which includes two extensions, according to the EPC inspection conducted in May 2010. This puts it in the largest 30% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 14 OAKS DRIVE lies on this distribution: 80% of detached houses are smaller than 14 OAKS DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

14 OAKS DRIVE: Plot and Title Map

14 OAKS DRIVE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 14 OAKS 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 14 OAKS 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 14 OAKS DRIVE?

14 OAKS DRIVE is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 14 on OAKS DRIVE.