16, OAKRIDGE DRIVE, WILLENHALL, WV12 4DL - £157,000

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 OAKRIDGE DRIVE is a very small extended detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £242,788. It was last sold for £157,000 in March 2016, which was around 28% below the average March 2016 detached price in the Walsall local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

16 OAKRIDGE DRIVE Sold Prices

Land registry data shows two sales for 16 OAKRIDGE 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 Walsall local authority area for the corresponding sale date. Both of the two 16 OAKRIDGE 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
2016 11 MAR	£157,000	£219,511	28% below HPI
2012 4 OCT	£132,500	£194,016	32% below HPI

16 OAKRIDGE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 16 OAKRIDGE DRIVE sales from October 2012 and March 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 October 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 16 OAKRIDGE DRIVE be worth now?

16 OAKRIDGE DRIVE might now be worth an estimated £242,788.

This is based on house price inflation of 54.6%, between March 2016 and December 2024, for detached houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.6% inflationary increase is applied to the most recent sale price for 16 OAKRIDGE DRIVE of £157,000 on 11th March 2016. For the value to have increased from £157,000 to £242,788 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 16 OAKRIDGE DRIVE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The March 2016 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 16 OAKRIDGE DRIVE has not materially changed since March 2016.

How Large is 16 OAKRIDGE DRIVE?

16 OAKRIDGE DRIVE is 69m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% of detached houses houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willenhall, and where 16 OAKRIDGE DRIVE lies on this distribution: 11% of detached houses houses are smaller than 16 OAKRIDGE DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

16 OAKRIDGE DRIVE: Plot and Title Map

16 OAKRIDGE DRIVE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 16 OAKRIDGE 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 OAKRIDGE 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 OAKRIDGE DRIVE?

16 OAKRIDGE DRIVE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 16 on OAKRIDGE DRIVE.