15, SOMERFORD WAY, BILSTON, WV14 9QL - £180,000

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 SOMERFORD WAY is a very small semi-detached house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £209,072. It was last sold for £180,000 in October 2021, which was around 10% below the average October 2021 semi-detached price in the Dudley local authority area. The most recent EPC inspection was December 2012, where the current energy rating was B, and the potential energy rating was B.

15 SOMERFORD WAY Sold Prices

Land registry data shows three sales for 15 SOMERFORD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Dudley local authority area for the corresponding sale date. All of the three 15 SOMERFORD WAY 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 18 OCT	£180,000	£200,388	10% below HPI
2001 15 JAN	£55,500	£62,887	12% below HPI
1997 27 AUG	£48,950	£49,302	1% below HPI

15 SOMERFORD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dudley local authority area over time, sourced from the HPI. The three 15 SOMERFORD WAY sales between August 1997 and October 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 January 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 15 SOMERFORD WAY be worth now?

15 SOMERFORD WAY might now be worth an estimated £209,072.

This is based on house price inflation of 16.2%, between October 2021 and February 2025, for semi-detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.2% inflationary increase is applied to the most recent sale price for 15 SOMERFORD WAY of £180,000 on 18th October 2021. For the value to have increased from £180,000 to £209,072 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 SOMERFORD WAY has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The October 2021 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SOMERFORD WAY has not materially changed since October 2021.

How Large is 15 SOMERFORD WAY?

15 SOMERFORD WAY is 55m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 10% of semi-detached houses houses in Coseley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Coseley, and where 15 SOMERFORD WAY lies on this distribution: 3% of semi-detached houses houses are smaller than 15 SOMERFORD WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Coseley.

15 SOMERFORD WAY: Plot and Title Map

15 SOMERFORD WAY sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 15 SOMERFORD WAY, 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 SOMERFORD WAY). 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 SOMERFORD WAY?

15 SOMERFORD WAY is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 15 on SOMERFORD WAY.