15, WELLAND GROVE, WILLENHALL, WV13 1HW - £193,000

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 WELLAND GROVE is a very small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £235,407. It was last sold for £193,000 in October 2020, which was around 31% below the average October 2020 detached price in the Walsall local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

15 WELLAND GROVE Sold Prices

Land registry data shows two sales for 15 WELLAND GROVE 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 WELLAND GROVE 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
2020 8 OCT	£193,000	£279,459	31% below HPI
2017 20 JAN	£160,000	£235,813	32% below HPI

15 WELLAND GROVE 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 WELLAND GROVE sales from January 2017 and October 2020 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 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 15 WELLAND GROVE be worth now?

15 WELLAND GROVE might now be worth an estimated £235,407.

This is based on house price inflation of 22%, between October 2020 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 22% inflationary increase is applied to the most recent sale price for 15 WELLAND GROVE of £193,000 on 8th October 2020. For the value to have increased from £193,000 to £235,407 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 WELLAND GROVE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The October 2020 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WELLAND GROVE has not materially changed since October 2020.

How Large is 15 WELLAND GROVE?

15 WELLAND GROVE is 69m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willenhall, and where 15 WELLAND GROVE lies on this distribution: 10% of detached houses houses are smaller than 15 WELLAND GROVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

15 WELLAND GROVE: Plot and Title Map

15 WELLAND GROVE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 15 WELLAND GROVE, 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 WELLAND GROVE). 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 WELLAND GROVE?

15 WELLAND GROVE is located in WILLENHALL, in the WV13 postcode district. The below map shows the position of No. 15 on WELLAND GROVE.