Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
11 LAKE AVENUE is a large extended detached house of 168m², built sometime between 1950 and 1966. It was last sold for £375,000 in May 2013, which was around 84% above the average May 2013 detached price in the Walsall local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 11 LAKE AVENUE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Both of the two 11 LAKE AVENUE sales were for above 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 |
---|---|---|---|
2013 24 MAY | £375,000 | £203,938 | 84% above HPI |
1996 6 SEP | £150,000 | £79,967 | 88% above HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 11 LAKE AVENUE sales from September 1996 and May 2013 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 September 1996 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the May 2013 sale, where it falls to 84% above the HPI. The line then continues to track at 84% above the HPI.
11 LAKE AVENUE is 168m², which includes four extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 11 LAKE AVENUE lies on this distribution: 76% of detached houses are smaller than 11 LAKE AVENUE, and 23% of houses are larger. Note that EPC data is not available for all properties in Walsall.
11 LAKE AVENUE sits on a plot of roughly 0.325 of an acre, or 1,314m². The below map shows the location of 11 LAKE AVENUE, 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 11 LAKE AVENUE). 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.
11 LAKE AVENUE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 11 on LAKE AVENUE.