Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 GAIRLOCH ROAD is a midsized detached house of 100m², built sometime between 1976 and 1982. It was last sold for £295,000 in July 2023, which was around 15% below the average July 2023 detached price in the Walsall local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 1 GAIRLOCH ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the three 1 GAIRLOCH ROAD 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 |
---|---|---|---|
2023 10 JUL | £295,000 | £346,874 | 15% below HPI |
2023 26 MAY | £300,000 | £344,407 | 13% below HPI |
2016 25 NOV | £186,000 | £243,985 | 24% below HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The three 1 GAIRLOCH ROAD sales between November 2016 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 2023 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
1 GAIRLOCH ROAD is 100m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Willenhall, and where 1 GAIRLOCH ROAD lies on this distribution: 47% of detached houses are smaller than 1 GAIRLOCH ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Willenhall.
1 GAIRLOCH ROAD sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 1 GAIRLOCH ROAD, 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 GAIRLOCH ROAD). 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 GAIRLOCH ROAD is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 1 on GAIRLOCH ROAD.