16, OAKS DRIVE, WOMBOURNE, WOLVERHAMPTON, WV5 0LA - £339,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 OAKS DRIVE is a large extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £339,950 in July 2020, which was about the average July 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

16 OAKS DRIVE Sold Prices

Land registry data shows two sales for 16 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. One of the two 16 OAKS DRIVE sales was roughly equal to the average price, whilst the other was 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
2020 10 JUL	£339,950	£341,622	Close to HPI
1995 28 APR	£95,000	£85,590	11% above HPI

16 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 16 OAKS DRIVE sales from April 1995 and July 2020 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 April 1995 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 16 OAKS DRIVE?

16 OAKS DRIVE is 121m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 16 OAKS DRIVE lies on this distribution: 62% of detached houses are smaller than 16 OAKS DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

16 OAKS DRIVE: Plot and Title Map

16 OAKS DRIVE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 16 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 16 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 16 OAKS DRIVE?

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