12, LAKE AVENUE, WALSALL, WS5 3PA - £326,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 LAKE AVENUE is a large extended detached house of 169m², built sometime between 1930 and 1949, which could now be worth an estimated £563,776. It was last sold for £326,000 in August 2013, which was around 65% above the average August 2013 detached price in the Walsall local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

12 LAKE AVENUE Sold Prices

Land registry data shows two sales for 12 LAKE AVENUE since 1^st 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 12 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 30 AUG	£326,000	£197,102	65% above HPI
2010 24 SEP	£275,000	£202,992	35% above HPI

12 LAKE AVENUE 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 two 12 LAKE AVENUE sales from September 2010 and August 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 2010 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the August 2013 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 12 LAKE AVENUE be worth now?

12 LAKE AVENUE might now be worth an estimated £563,776.

This is based on house price inflation of 72.9%, between August 2013 and February 2025, 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 72.9% inflationary increase is applied to the most recent sale price for 12 LAKE AVENUE of £326,000 on 30th August 2013. For the value to have increased from £326,000 to £563,776 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 12 LAKE AVENUE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The August 2013 sale price of £326,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LAKE AVENUE has not materially changed since August 2013.

How Large is 12 LAKE AVENUE?

12 LAKE AVENUE is 169m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the largest 30% 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 12 LAKE AVENUE lies on this distribution: 77% of detached houses houses are smaller than 12 LAKE AVENUE, and 23% of houses are larger. Note that EPC data is not available for all properties in Walsall.

12 LAKE AVENUE: Plot and Title Map

12 LAKE AVENUE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 12 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 12 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.

Where is 12 LAKE AVENUE?

12 LAKE AVENUE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 12 on LAKE AVENUE.