OAKSPRING, BEACON ROAD, WALSALL, WS5 3LF - £1,290,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

OAKSPRING is a very large extended detached house of 228m², built sometime between 1930 and 1949. It was last sold for £1,290,000 in June 2023, which was around 285% above the average June 2023 detached price in the Walsall local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was C.

OAKSPRING Sold Prices

Land registry data shows three sales for OAKSPRING since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the three OAKSPRING 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
2023 2 JUN	£1,290,000	£334,867	285% above HPI
2018 18 JUL	£825,000	£258,625	219% above HPI
2012 29 OCT	£600,000	£194,016	209% above HPI

OAKSPRING 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 three OAKSPRING sales between October 2012 and June 2023 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 2018 sale was for 219% above the HPI. So the extrapolation line tracks at 219% above the HPI over time, until the June 2023 sale, where it rises to 285% above the HPI. The line then continues to track at 285% above the HPI.

What might OAKSPRING be worth now?

OAKSPRING might now be worth an estimated £1,307,678.

This is based on house price inflation of 1.4%, between June 2023 and December 2024, 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 1.4% inflationary increase is applied to the most recent sale price for OAKSPRING of £1,290,000 on 2nd June 2023. For the value to have increased from £1,290,000 to £1,307,678 over the six months to December 2024, the following assumptions must hold true:

• The value of OAKSPRING has moved in line with the HPI for detached houses in the Walsall local authority area.
• The June 2023 sale price of £1,290,000 represented a fair market value for the property.
• The size, condition, and specification of OAKSPRING has not materially changed since June 2023.

How Large is OAKSPRING?

OAKSPRING is 228m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 10% of detached houses houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walsall, and where OAKSPRING lies on this distribution: 92% of detached houses houses are smaller than OAKSPRING, and 8% of houses are larger. Note that EPC data is not available for all properties in Walsall.

OAKSPRING: Plot and Title Map

OAKSPRING sits on a plot of roughly 0.585 of an acre, or 2,366m². The below map shows the location of OAKSPRING, 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 OAKSPRING). 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 OAKSPRING?

OAKSPRING is located on BEACON ROAD in WALSALL, in the WS5 postcode district. The below map shows the position of OAKSPRING on BEACON ROAD.