WHITEOAKS, PENNWOOD LANE, WOLVERHAMPTON, WV4 5JF - £285,000

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

WHITEOAKS is a large extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £285,000 in October 2016, which was around 32% above the average October 2016 detached price in the Wolverhampton local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

WHITEOAKS Sold Prices

Land registry data shows three sales for WHITEOAKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three WHITEOAKS 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
2016 20 OCT	£285,000	£215,349	32% above HPI
2015 9 NOV	£300,000	£199,926	50% above HPI
2008 19 MAY	£220,000	£206,366	7% above HPI

WHITEOAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three WHITEOAKS sales between May 2008 and October 2016 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 November 2015 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the October 2016 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is WHITEOAKS?

WHITEOAKS is 117m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 40% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where WHITEOAKS lies on this distribution: 60% of detached houses are smaller than WHITEOAKS, and 39% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

WHITEOAKS: Plot and Title Map

WHITEOAKS sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of WHITEOAKS, 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 WHITEOAKS). 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 WHITEOAKS?

WHITEOAKS is located on PENNWOOD LANE in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of WHITEOAKS on PENNWOOD LANE.