15, WATERMEADOW DRIVE, SHELFIELD, WALSALL, WS4 1TA - £130,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 WATERMEADOW DRIVE is a very small detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £234,778. It was last sold for £130,000 in February 2012, which was around 31% below the average February 2012 detached price in the Walsall local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

15 WATERMEADOW DRIVE Sold Prices

Land registry data shows four sales for 15 WATERMEADOW DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the four 15 WATERMEADOW 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
2012 14 FEB	£130,000	£188,741	31% below HPI
2005 20 DEC	£136,000	£200,581	32% below HPI
1999 21 JUN	£68,000	£83,932	19% below HPI
1995 24 NOV	£55,000	£73,257	25% below HPI

15 WATERMEADOW 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 four 15 WATERMEADOW DRIVE sales between November 1995 and February 2012 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 December 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2012 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 15 WATERMEADOW DRIVE be worth now?

15 WATERMEADOW DRIVE might now be worth an estimated £234,778.

This is based on house price inflation of 80.6%, between February 2012 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 80.6% inflationary increase is applied to the most recent sale price for 15 WATERMEADOW DRIVE of £130,000 on 14th February 2012. For the value to have increased from £130,000 to £234,778 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 15 WATERMEADOW DRIVE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The February 2012 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WATERMEADOW DRIVE has not materially changed since February 2012.

How Large is 15 WATERMEADOW DRIVE?

15 WATERMEADOW DRIVE is 86m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shelfield, and where 15 WATERMEADOW DRIVE lies on this distribution: 18% of detached houses houses are smaller than 15 WATERMEADOW DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

15 WATERMEADOW DRIVE: Plot and Title Map

15 WATERMEADOW DRIVE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 15 WATERMEADOW 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 WATERMEADOW 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 WATERMEADOW DRIVE?

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