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

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

7 OAKLANDS is a very large detached house of 195m². It was last sold for £358,000 in July 2012, which was around 47% 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	£244,366	47% above HPI
2011 29 JUL	£419,995	£249,667	68% 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 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the July 2012 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

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 in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where 7 OAKLANDS lies on this distribution: 95% of detached 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 0.093 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.