Oakwood Cottage Back Lane

    OAKWOOD COTTAGE, BACK LANE, ACKLETON, WOLVERHAMPTON, WV6 7JJ

    This detached freehold property on Back Lane last sold in August 2020 for £410,000. Based on price growth in the WV6 district since then, its estimated current value is £480,163 — placing it in the 77th percentile nationally and the 85th percentile within WV6. The property covers 88 m² (947 sq ft), giving an estimated value of £5,456 per m². The EPC rating is E, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £410,000

    Aug 2020

    Estimated Valuation

    £480,163

    Est. £/sq ft

    £507/sq ft

    £5,456/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelbottled LPG
    EPC currentE
    EPC potentialD
    Floor area947 sq ft (88 m²)
    EPC dateMay 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, LPG

    Transaction History

    14 Aug 2020

    £410,000

    7 Dec 2015

    £360,000

    24 Mar 2000

    £188,000

    26 Feb 1998

    £130,000

    21 Nov 1997

    £45,000

    Key Metrics

    Estimated valuation£480,163
    Value per sq ft / m²£507/sq ft (£5,456/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV6 district percentile85th percentile
    National percentile77th percentile

    District Context — WV6

    WV6 covers parts of Wolverhampton and surrounding areas in the West Midlands, positioned in the central belt of the region. It is a mixed residential neighbourhood with a diverse community and moderate housing demand.

    Average Property Price - WV6

    £308,353

    44

    National percentile

    Average Net Household Income - WV6

    £28,768

    6

    National percentile

    10-Year Annualised Price Growth - WV6

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV6

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