15, SMITHFIELD ROAD, WALSALL, WS3 1NB - £175,000

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 SMITHFIELD ROAD is a small extended detached house of 90m², built sometime between 1900 and 1929, which could now be worth an estimated £199,011. It was last sold for £175,000 in August 2021, which was around 42% below the average August 2021 detached price in the Walsall local authority area. The most recent EPC inspection was November 2009, where the current energy rating was F, and the potential energy rating was E.

15 SMITHFIELD ROAD Sold Prices

Land registry data shows two sales for 15 SMITHFIELD 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 15 SMITHFIELD 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
2021 27 AUG	£175,000	£299,738	42% below HPI
2010 28 MAY	£82,000	£201,472	59% below HPI

15 SMITHFIELD 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 15 SMITHFIELD ROAD sales from May 2010 and August 2021 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 2010 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the August 2021 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 15 SMITHFIELD ROAD be worth now?

15 SMITHFIELD ROAD might now be worth an estimated £199,011.

This is based on house price inflation of 13.7%, between August 2021 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 13.7% inflationary increase is applied to the most recent sale price for 15 SMITHFIELD ROAD of £175,000 on 27th August 2021. For the value to have increased from £175,000 to £199,011 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 15 SMITHFIELD ROAD has moved in line with the HPI for detached houses in the Walsall local authority area.
• The August 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SMITHFIELD ROAD has not materially changed since August 2021.

How Large is 15 SMITHFIELD ROAD?

15 SMITHFIELD ROAD is 90m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the smallest 40% of detached houses houses in Bloxwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bloxwich, and where 15 SMITHFIELD ROAD lies on this distribution: 37% of detached houses houses are smaller than 15 SMITHFIELD ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Bloxwich.

15 SMITHFIELD ROAD: Plot and Title Map

15 SMITHFIELD ROAD sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 15 SMITHFIELD 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 SMITHFIELD 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 SMITHFIELD ROAD?

15 SMITHFIELD ROAD is located in WALSALL, in the WS3 postcode district. The below map shows the position of No. 15 on SMITHFIELD ROAD.