3, OATLANDS WAY, PERTON, WOLVERHAMPTON, WV6 7XW - £218,000

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

3 OATLANDS WAY is a very small detached house of 51m², built sometime between 1983 and 1990. It was last sold for £218,000 in August 2019, which was around 33% below the average August 2019 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

3 OATLANDS WAY Sold Prices

Land registry data shows four sales for 3 OATLANDS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 3 OATLANDS WAY 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
2019 23 AUG	£218,000	£324,923	33% below HPI
2013 17 OCT	£178,000	£250,647	29% below HPI
2007 24 AUG	£171,000	£267,633	36% below HPI
2000 6 OCT	£96,500	£129,131	25% below HPI

3 OATLANDS WAY 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 four 3 OATLANDS WAY sales between October 2000 and August 2019 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 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 OATLANDS WAY?

3 OATLANDS WAY is 51m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses in Perton, based on EPC data. The below chart shows the distribution of detached houses by size in Perton, and where 3 OATLANDS WAY lies on this distribution: Less than 1% of detached houses are smaller than 3 OATLANDS WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Perton.

3 OATLANDS WAY: Plot and Title Map

3 OATLANDS WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 3 OATLANDS WAY, 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 3 OATLANDS WAY). 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 3 OATLANDS WAY?

3 OATLANDS WAY is located in PERTON, in the WV6 postcode district. The below map shows the position of No. 3 on OATLANDS WAY.