16, OAK DRIVE, SEISDON, WOLVERHAMPTON, WV5 7ET - £480,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 OAK DRIVE is a large detached house of 191m², built sometime between 1967 and 1975, which could now be worth an estimated £664,088. It was last sold for £480,000 in October 2018, which was around 48% above the average October 2018 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was B, and the potential energy rating was B.

16 OAK DRIVE Sold Prices

Land registry data shows two sales for 16 OAK 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 16 OAK DRIVE 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
2018 12 OCT	£480,000	£323,832	48% above HPI
2012 10 DEC	£365,000	£251,774	45% above HPI

16 OAK 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 16 OAK DRIVE sales from December 2012 and October 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 December 2012 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the October 2018 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 16 OAK DRIVE be worth now?

16 OAK DRIVE might now be worth an estimated £664,088.

This is based on house price inflation of 38.4%, between October 2018 and December 2024, 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 38.4% inflationary increase is applied to the most recent sale price for 16 OAK DRIVE of £480,000 on 12th October 2018. For the value to have increased from £480,000 to £664,088 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 16 OAK DRIVE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The October 2018 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 16 OAK DRIVE has not materially changed since October 2018.

How Large is 16 OAK DRIVE?

16 OAK DRIVE is 191m² according to the EPC inspection conducted in September 2023. This puts it in the largest 40% of detached houses houses in Seisdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Seisdon, and where 16 OAK DRIVE lies on this distribution: 65% of detached houses houses are smaller than 16 OAK DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Seisdon.

16 OAK DRIVE: Plot and Title Map

16 OAK DRIVE sits on a plot of roughly 0.271 of an acre, or 1,095m². The below map shows the location of 16 OAK 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 16 OAK 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 16 OAK DRIVE?

16 OAK DRIVE is located in SEISDON, in the WV5 postcode district. The below map shows the position of No. 16 on OAK DRIVE.