1 FORMBY WAY is a midsized detached house of 100m², built sometime between 1996 and 2002. It was last sold for £195,500 in December 2005, which was around 6% below the average December 2005 detached price in the Walsall local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 1 FORMBY WAY since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Most of the five 1 FORMBY WAY sales were for below 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 |
---|---|---|---|
2005 9 DEC | £195,500 | £207,313 | 6% below HPI |
2004 27 FEB | £175,950 | £179,362 | 2% below HPI |
2002 25 JAN | £117,500 | £121,823 | 4% below HPI |
2001 21 MAR | £98,950 | £109,228 | 9% below HPI |
1997 31 JAN | £86,000 | £81,040 | 6% above HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The five 1 FORMBY WAY sales between January 1997 and December 2005 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 February 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2005 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
1 FORMBY WAY is 100m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 50% of detached houses in Bloxwich, based on EPC data. The below chart shows the distribution of detached houses by size in Bloxwich, and where 1 FORMBY WAY lies on this distribution: 47% of detached houses are smaller than 1 FORMBY WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Bloxwich.
1 FORMBY WAY sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 1 FORMBY WAY, 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 1 FORMBY WAY). 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.
1 FORMBY WAY is located in WALSALL, in the WS3 postcode district. The below map shows the position of No. 1 on FORMBY WAY.