15, GLOUCESTER ROAD, WALSALL, WS5 3PL - £370,000

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.

15 GLOUCESTER ROAD is a midsized semi-detached house of 139m², built sometime between 1967 and 1975, which could now be worth an estimated £494,272. It was last sold for £370,000 in February 2019, which was around 124% above the average February 2019 semi-detached price in the Walsall local authority area. The most recent EPC inspection was December 2018, where the current energy rating was E, and the potential energy rating was B.

15 GLOUCESTER ROAD Sold Prices

Land registry data shows two sales for 15 GLOUCESTER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Walsall local authority area for the corresponding sale date. Both of the two 15 GLOUCESTER 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
2019 1 FEB	£370,000	£165,332	124% above HPI
2018 28 SEP	£350,000	£162,240	116% above HPI

15 GLOUCESTER ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Walsall local authority area over time, sourced from the HPI. The two 15 GLOUCESTER ROAD sales from September 2018 and February 2019 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 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the February 2019 sale, where it rises to 124% above the HPI. The line then continues to track at 124% above the HPI.

What might 15 GLOUCESTER ROAD be worth now?

15 GLOUCESTER ROAD might now be worth an estimated £494,272.

This is based on house price inflation of 33.6%, between February 2019 and February 2025, for semi-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 33.6% inflationary increase is applied to the most recent sale price for 15 GLOUCESTER ROAD of £370,000 on 1st February 2019. For the value to have increased from £370,000 to £494,272 over the six years to February 2025, the following assumptions must hold true:

• The value of 15 GLOUCESTER ROAD has moved in line with the HPI for semi-detached houses in the Walsall local authority area.
• The February 2019 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GLOUCESTER ROAD has not materially changed since February 2019.

How Large is 15 GLOUCESTER ROAD?

15 GLOUCESTER ROAD is 139m² according to the EPC inspection conducted in December 2018. This puts it in the largest 40% of semi-detached houses houses in Walsall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Walsall, and where 15 GLOUCESTER ROAD lies on this distribution: 60% of semi-detached houses houses are smaller than 15 GLOUCESTER ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Walsall.

15 GLOUCESTER ROAD: Plot and Title Map

15 GLOUCESTER ROAD sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 15 GLOUCESTER 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 15 GLOUCESTER 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 15 GLOUCESTER ROAD?

15 GLOUCESTER ROAD is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 15 on GLOUCESTER ROAD.