5, New Cottages Oaken Lane, Oaken, Wolverhampton, WV8 2BD is a freehold terraced property built between 1900-1929. The property offers approximately 732 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £305,243 , which equates to approximately £417 per square foot. It was last sold on 11 Nov 2019 for £235,000. Since then, the value has increased by £70,243, representing a 29.9% increase, or approximately 4.9% per year.

The current estimated value of £305,243 is:

  • 45.8% lower than the average property price on Oaken Lane
  • 49.4% lower than the average in the WV8 2BD postcode area
  • and 14.9% 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 2 August 2019, the property was recorded as owner-occupied.

View sold house prices in WV8 2BD

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
732 sq ft
Tenure
Freehold
Price (estimate)
£305,243
Price Per sq ft (estimate)
£417
Bedroom Count (estimate)
2 bedrooms

EPC Summary

5, New Cottages Oaken Lane, Oaken, Wolverhampton, South Staffordshire, Staffordshire, WV8 2BD has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 2 Aug 2019.

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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Aug 2014. The rating of E remains the same, but the energy efficiency score improved by 20.5%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from average to poor.
  • The roof construction or insulation changed from pitched, 12 mm loft insulation to pitched, 200 mm loft insulation, improving energy efficiency from very poor to good.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 200 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to WV8 2BD

11 th / 13
Price Rank
49% lower than average
10 th / 10
Size Rank
55% smaller than average
4 th / 10
Price Per Sq FT Rank
12% higher than average

Compared to other properties in WV8 2BD , this house's estimated value ranks 11th out of 13. Based on price per square foot, it ranks 4th out of 10 properties. In terms of size, this home ranks 10th out of 10 properties in its postcode area.

Sale History

Today
£305,243
streetscan.co.uk estimate
+30 %
11 Nov 2019
£235,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 732 sq ft
sale price: £192,000
sale date: 26 Feb 2020

Data Sources

The property at 5, New Cottages Oaken Lane, Oaken, Wolverhampton, South Staffordshire, Staffordshire, WV8 2BD appears once in the Land Registry records, with the transaction recorded on 11 Nov 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Aug 2019. 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.