127, MILL ROAD, PELSALL, WALSALL, WS4 1BU - £285,000

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

127 MILL ROAD is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £285,000 in July 2022, which was around 15% below the average July 2022 detached price in the Walsall local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

127 MILL ROAD Sold Prices

Land registry data shows two sales for 127 MILL ROAD 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 127 MILL ROAD 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
2022 1 JUL	£285,000	£333,558	15% below HPI
2018 14 SEP	£225,000	£268,571	16% below HPI

127 MILL 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 two 127 MILL ROAD sales from September 2018 and July 2022 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 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 127 MILL ROAD?

127 MILL ROAD is 85m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 127 MILL ROAD lies on this distribution: 15% of detached houses are smaller than 127 MILL ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

127 MILL ROAD: Plot and Title Map

127 MILL ROAD sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 127 MILL 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 127 MILL 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 127 MILL ROAD?

127 MILL ROAD is located in PELSALL, in the WS4 postcode district. The below map shows the position of No. 127 on MILL ROAD.