OAKLEIGH, GROVE LANE, WOLVERHAMPTON, WV6 8NH - £640,000

OAKLEIGH is a very large extended detached house of 192m², built sometime between 1967 and 1975. It was last sold for £640,000 in July 2023, which was around 93% above the average July 2023 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

OAKLEIGH Sold Prices

Land registry data shows two sales for OAKLEIGH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two OAKLEIGH 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 6 JUL	£640,000	£331,757	93% above HPI
2022 19 MAY	£355,000	£316,137	12% above HPI

OAKLEIGH 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 two OAKLEIGH sales from May 2022 and July 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 May 2022 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2023 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

How Large is OAKLEIGH?

OAKLEIGH is 192m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where OAKLEIGH lies on this distribution: 91% of detached houses are smaller than OAKLEIGH, and 8% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

OAKLEIGH: Plot and Title Map

OAKLEIGH sits on a plot of roughly 0.540 of an acre, or 2,187m². The below map shows the location of OAKLEIGH, 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 OAKLEIGH). 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 OAKLEIGH?

OAKLEIGH is located on GROVE LANE in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of OAKLEIGH on GROVE LANE.