15, SOUTHMEAD WAY, WALSALL, WS2 8JD - £215,000

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

15 SOUTHMEAD WAY is a small detached house of 116m², built sometime between 2003 and 2006. It was last sold for £215,000 in December 2018, which was around 22% below the average December 2018 detached price in the Walsall local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

15 SOUTHMEAD WAY Sold Prices

Land registry data shows two sales for 15 SOUTHMEAD WAY 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. One of the two 15 SOUTHMEAD WAY sales was for below the average price, whilst the other was 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
2018 4 DEC	£215,000	£274,306	22% below HPI
2007 15 MAR	£239,950	£217,496	10% above HPI

15 SOUTHMEAD WAY 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 SOUTHMEAD WAY sales from March 2007 and December 2018 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 March 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 15 SOUTHMEAD WAY?

15 SOUTHMEAD WAY is 116m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 15 SOUTHMEAD WAY lies on this distribution: 36% of detached houses are smaller than 15 SOUTHMEAD WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Walsall.

15 SOUTHMEAD WAY: Plot and Title Map

15 SOUTHMEAD WAY sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 15 SOUTHMEAD 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 SOUTHMEAD 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 SOUTHMEAD WAY?

15 SOUTHMEAD WAY is located in WALSALL, in the WS2 postcode district. The below map shows the position of No. 15 on SOUTHMEAD WAY.