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

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.

WHITEOAKS is a large extended detached house of 117m², built sometime between 1950 and 1966, which could now be worth an estimated £453,323. It was last sold for £285,000 in October 2016, which was around 36% 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	£209,727	36% above HPI
2015 9 NOV	£300,000	£194,706	54% above HPI
2008 19 MAY	£220,000	£200,978	9% 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 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the October 2016 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might WHITEOAKS be worth now?

WHITEOAKS might now be worth an estimated £453,323.

This is based on house price inflation of 59.1%, between October 2016 and February 2025, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.1% inflationary increase is applied to the most recent sale price for WHITEOAKS of £285,000 on 20th October 2016. For the value to have increased from £285,000 to £453,323 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of WHITEOAKS has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The October 2016 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of WHITEOAKS has not materially changed since October 2016.

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 houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where WHITEOAKS lies on this distribution: 60% of detached houses 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.