15, THE DRIVE, WALSALL, WS4 1PT - £188,000

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 THE DRIVE is a small extended detached house of 96m², built sometime between 1991 and 1995. It was last sold for £188,000 in June 2006, which was around 12% below the average June 2006 detached price in the Walsall local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

15 THE DRIVE Sold Prices

Land registry data shows two sales for 15 THE DRIVE 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 THE DRIVE 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
2006 23 JUN	£188,000	£213,644	12% below HPI
2001 16 FEB	£97,500	£107,920	10% below HPI

15 THE DRIVE 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 THE DRIVE sales from February 2001 and June 2006 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 February 2001 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2006 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 15 THE DRIVE?

15 THE DRIVE is 96m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 15 THE DRIVE lies on this distribution: 32% of detached houses are smaller than 15 THE DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

15 THE DRIVE: Plot and Title Map

15 THE DRIVE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 15 THE DRIVE, 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 THE DRIVE). 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 THE DRIVE?

15 THE DRIVE is located in WALSALL, in the WS4 postcode district. The below map shows the position of No. 15 on THE DRIVE.