3 Shop Lane, Oaken, Wolverhampton, WV8 2AX is a freehold semi-detached property built between 1930-1949. The property offers approximately 883 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £243,514 , which equates to approximately £276 per square foot. It was last sold on 1 Jun 2020 for £189,950. Since then, the value has increased by £53,564, representing a 28.2% increase, or approximately 5.1% per year.

The current estimated value of £243,514 is:

  • 31.8% lower than the average property price on Shop Lane
  • 38.8% lower than the average in the WV8 2AX postcode area
  • and 32.1% lower than the average price for Wolverhampton as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 21 January 2020, the property was recorded as owner-occupied.

View sold house prices in WV8 2AX

Building approximate location

About Property

Type
Semi-Detached House
Built
1930-1949
Interior Size
883 sq ft
Tenure
Freehold
Price (estimate)
£243,514
Price Per sq ft (estimate)
£276
Bedroom Count (estimate)
3 bedrooms

EPC Summary

3 Shop Lane, Oaken, Wolverhampton, South Staffordshire, Staffordshire, WV8 2AX has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 21 Jan 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 13 Jul 2016, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 51.2%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, with external insulation, improving energy efficiency from very poor to good.
  • The lighting was updated from no low energy lighting to low energy lighting in 86% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, with external insulation
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 86% of fixed outlets
Very Good

Compared to WV8 2AX

15 th / 15
Price Rank
39% lower than average
9 th / 13
Size Rank
21% smaller than average
13 th / 13
Price Per Sq FT Rank
23% lower than average

Compared to other properties in WV8 2AX , this house's estimated value ranks 15th out of 15. Based on price per square foot, it ranks 13th out of 13 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 9th out of 13 properties in its postcode area.

Sale History

Today
£243,514
streetscan.co.uk estimate
+28 %
1 Jun 2020
£189,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 915 sq ft
sale price: £300,500
sale date: 21 Jan 2021
rooms: 4
size: 865 sq ft
sale price: £180,000
sale date: 25 Feb 2011
rooms: 4
size: 850 sq ft
sale price: £182,000
sale date: 3 Aug 2007

Data Sources

The property at 3 Shop Lane, Oaken, Wolverhampton, South Staffordshire, Staffordshire, WV8 2AX appears once in the Land Registry records, with the transaction recorded on 1 Jun 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Jan 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.