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

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

16 OAK DRIVE is a large detached house of 191m², built sometime between 1967 and 1975. It was last sold for £480,000 in October 2018, which was around 49% 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	£321,995	49% above HPI
2012 10 DEC	£365,000	£250,346	46% 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 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the October 2018 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

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 in Seisdon, based on EPC data. The below chart shows the distribution of detached houses by size in Seisdon, and where 16 OAK DRIVE lies on this distribution: 64% of detached houses are smaller than 16 OAK DRIVE, and 36% 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.