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 WESTMORE WAY is a very large extended detached house of 143m², built sometime between 1996 and 2002. It was last sold for £117,000 in August 2009, which was around 31% below the average August 2009 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 1 WESTMORE WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the three 1 WESTMORE 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 |
---|---|---|---|
2009 13 AUG | £117,000 | £168,889 | 31% below HPI |
2007 29 JUL | £120,000 | £195,965 | 39% below HPI |
1997 25 JUL | £55,000 | £70,607 | 22% below HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 1 WESTMORE WAY sales between July 1997 and August 2009 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 July 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2009 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
1 WESTMORE WAY is 143m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 20% of detached houses in Wednesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Wednesbury, and where 1 WESTMORE WAY lies on this distribution: 85% of detached houses are smaller than 1 WESTMORE WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.
1 WESTMORE WAY sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 1 WESTMORE 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 WESTMORE 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 WESTMORE WAY is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 1 on WESTMORE WAY.