11, RICHARD ROAD, WALSALL, WS5 3QW - £297,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 RICHARD ROAD is a small extended detached house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £428,255. It was last sold for £297,500 in January 2017, which was around 26% above the average January 2017 detached price in the Walsall local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was B.

11 RICHARD ROAD Sold Prices

Land registry data shows three sales for 11 RICHARD ROAD since 1^st 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 11 RICHARD ROAD 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
2017 20 JAN	£297,500	£235,813	26% above HPI
2003 27 JUN	£238,000	£151,037	58% above HPI
2001 26 MAR	£153,000	£105,681	45% above HPI

11 RICHARD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The three 11 RICHARD ROAD sales between March 2001 and January 2017 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 June 2003 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the January 2017 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 11 RICHARD ROAD be worth now?

11 RICHARD ROAD might now be worth an estimated £428,255.

This is based on house price inflation of 44%, between January 2017 and December 2024, for detached houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44% inflationary increase is applied to the most recent sale price for 11 RICHARD ROAD of £297,500 on 20th January 2017. For the value to have increased from £297,500 to £428,255 over the six years and one month to December 2024, the following assumptions must hold true:

• The value of 11 RICHARD ROAD has moved in line with the HPI for detached houses in the Walsall local authority area.
• The January 2017 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 11 RICHARD ROAD has not materially changed since January 2017.

How Large is 11 RICHARD ROAD?

11 RICHARD ROAD is 114m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walsall, and where 11 RICHARD ROAD lies on this distribution: 35% of detached houses houses are smaller than 11 RICHARD ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Walsall.

11 RICHARD ROAD: Plot and Title Map

11 RICHARD ROAD sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 11 RICHARD 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 11 RICHARD 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.

Where is 11 RICHARD ROAD?

11 RICHARD ROAD is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 11 on RICHARD ROAD.