2, OAKENHAYES DRIVE, WALSALL, WS8 7QB - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 OAKENHAYES DRIVE is a small extended detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £270,301. It was last sold for £195,000 in August 2017, which was around 21% below the average August 2017 detached price in the Walsall local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

2 OAKENHAYES DRIVE Sold Prices

Land registry data shows two sales for 2 OAKENHAYES 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 2 OAKENHAYES 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
2017 24 AUG	£195,000	£245,905	21% below HPI
2002 15 MAR	£102,000	£118,258	14% below HPI

2 OAKENHAYES 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 2 OAKENHAYES DRIVE sales from March 2002 and August 2017 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 March 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 OAKENHAYES DRIVE be worth now?

2 OAKENHAYES DRIVE might now be worth an estimated £270,301.

This is based on house price inflation of 38.6%, between August 2017 and February 2025, 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 38.6% inflationary increase is applied to the most recent sale price for 2 OAKENHAYES DRIVE of £195,000 on 24th August 2017. For the value to have increased from £195,000 to £270,301 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 2 OAKENHAYES DRIVE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The August 2017 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKENHAYES DRIVE has not materially changed since August 2017.

How Large is 2 OAKENHAYES DRIVE?

2 OAKENHAYES DRIVE is 87m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% of detached houses houses in Brownhills, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brownhills, and where 2 OAKENHAYES DRIVE lies on this distribution: 24% of detached houses houses are smaller than 2 OAKENHAYES DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Brownhills.

2 OAKENHAYES DRIVE: Plot and Title Map

2 OAKENHAYES DRIVE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 2 OAKENHAYES 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 2 OAKENHAYES 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 2 OAKENHAYES DRIVE?

2 OAKENHAYES DRIVE is located in WALSALL, in the WS8 postcode district. The below map shows the position of No. 2 on OAKENHAYES DRIVE.