16, CHAPEL STREET, PELSALL, WALSALL, WS3 4LN - £163,000

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

16 CHAPEL STREET is a very small extended detached house of 74m², built sometime between 1900 and 1929. It was last sold for £163,000 in June 2023, which was around 53% below the average June 2023 detached price in the Walsall local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

16 CHAPEL STREET Sold Prices

Land registry data shows two sales for 16 CHAPEL STREET 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 16 CHAPEL STREET 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
2023 9 JUN	£163,000	£346,106	53% below HPI
2009 8 MAY	£80,000	£193,713	59% below HPI

16 CHAPEL STREET 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 16 CHAPEL STREET sales from May 2009 and June 2023 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 May 2009 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the June 2023 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 16 CHAPEL STREET?

16 CHAPEL STREET is 74m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses in Pelsall, based on EPC data. The below chart shows the distribution of detached houses by size in Pelsall, and where 16 CHAPEL STREET lies on this distribution: 9% of detached houses are smaller than 16 CHAPEL STREET, and 90% of houses are larger. Note that EPC data is not available for all properties in Pelsall.

16 CHAPEL STREET: Plot and Title Map

16 CHAPEL STREET sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 16 CHAPEL STREET, 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 16 CHAPEL STREET). 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 16 CHAPEL STREET?

16 CHAPEL STREET is located in PELSALL, in the WS3 postcode district. The below map shows the position of No. 16 on CHAPEL STREET.