7, OAKLANDS, WOMBOURNE, WOLVERHAMPTON, WV5 0AJ - £358,000

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.

7 OAKLANDS is a very large detached house of 195m², which could now be worth an estimated £628,292. It was last sold for £358,000 in July 2012, which was around 46% above the average July 2012 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2010, where the current energy rating was B, and the potential energy rating was B.

7 OAKLANDS Sold Prices

Land registry data shows two sales for 7 OAKLANDS 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 7 OAKLANDS 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
2012 19 JUL	£358,000	£245,760	46% above HPI
2011 29 JUL	£419,995	£251,091	67% above HPI

7 OAKLANDS 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 7 OAKLANDS sales from July 2011 and July 2012 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 July 2011 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the July 2012 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 7 OAKLANDS be worth now?

7 OAKLANDS might now be worth an estimated £628,292.

This is based on house price inflation of 75.5%, between July 2012 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.5% inflationary increase is applied to the most recent sale price for 7 OAKLANDS of £358,000 on 19th July 2012. For the value to have increased from £358,000 to £628,292 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of 7 OAKLANDS has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The July 2012 sale price of £358,000 represented a fair market value for the property.
• The size, condition, and specification of 7 OAKLANDS has not materially changed since July 2012.

How Large is 7 OAKLANDS?

7 OAKLANDS is 195m² according to the EPC inspection conducted in September 2010. This puts it in the largest 10% of detached houses houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wombourne, and where 7 OAKLANDS lies on this distribution: 95% of detached houses houses are smaller than 7 OAKLANDS, and 5% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

7 OAKLANDS: Plot and Title Map

7 OAKLANDS sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 7 OAKLANDS, 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 7 OAKLANDS). 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 7 OAKLANDS?

7 OAKLANDS is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 7 on OAKLANDS.