12, PARK STREET, WEDNESBURY, WS10 9EE - £79,950

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

12 PARK STREET is a small detached house of 83m², built sometime between 1900 and 1929, which could now be worth an estimated £306,623. It was last sold for £79,950 in December 2000, which was around 3% below the average December 2000 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

12 PARK STREET Sold Prices

Land registry data shows two sales for 12 PARK STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 12 PARK STREET 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
2000 7 DEC	£79,950	£82,643	3% below HPI
1996 20 MAY	£44,000	£63,071	30% below HPI

12 PARK STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 12 PARK STREET sales from May 1996 and December 2000 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 1996 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2000 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 12 PARK STREET be worth now?

12 PARK STREET might now be worth an estimated £306,623.

This is based on house price inflation of 283.5%, between December 2000 and December 2024, for detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 283.5% inflationary increase is applied to the most recent sale price for 12 PARK STREET of £79,950 on 7th December 2000. For the value to have increased from £79,950 to £306,623 over the 24 years to December 2024, the following assumptions must hold true:

• The value of 12 PARK STREET has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The December 2000 sale price of £79,950 represented a fair market value for the property.
• The size, condition, and specification of 12 PARK STREET has not materially changed since December 2000.

How Large is 12 PARK STREET?

12 PARK STREET is 83m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of detached houses houses in Wednesbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wednesbury, and where 12 PARK STREET lies on this distribution: 26% of detached houses houses are smaller than 12 PARK STREET, and 73% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

12 PARK STREET: Plot and Title Map

12 PARK STREET sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 12 PARK STREET, 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 PARK STREET). 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 PARK STREET?

12 PARK STREET is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 12 on PARK STREET.