16, LANCASTER AVENUE, WALSALL, WS9 8RE - £249,950

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.

16 LANCASTER AVENUE is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £324,226. It was last sold for £249,950 in November 2018, which was around 5% below the average November 2018 detached price in the Walsall local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

16 LANCASTER AVENUE Sold Prices

Land registry data shows two sales for 16 LANCASTER AVENUE 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 LANCASTER AVENUE 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
2018 22 NOV	£249,950	£262,776	5% below HPI
1998 22 MAY	£65,000	£83,221	22% below HPI

16 LANCASTER AVENUE 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 LANCASTER AVENUE sales from May 1998 and November 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 May 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 16 LANCASTER AVENUE be worth now?

16 LANCASTER AVENUE might now be worth an estimated £324,226.

This is based on house price inflation of 29.7%, between November 2018 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 29.7% inflationary increase is applied to the most recent sale price for 16 LANCASTER AVENUE of £249,950 on 22nd November 2018. For the value to have increased from £249,950 to £324,226 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 LANCASTER AVENUE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The November 2018 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 16 LANCASTER AVENUE has not materially changed since November 2018.

How Large is 16 LANCASTER AVENUE?

16 LANCASTER AVENUE is 64m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses houses in Aldridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aldridge, and where 16 LANCASTER AVENUE lies on this distribution: 3% of detached houses houses are smaller than 16 LANCASTER AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Aldridge.

16 LANCASTER AVENUE: Plot and Title Map

16 LANCASTER AVENUE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 16 LANCASTER AVENUE, 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 LANCASTER AVENUE). 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 LANCASTER AVENUE?

16 LANCASTER AVENUE is located in WALSALL, in the WS9 postcode district. The below map shows the position of No. 16 on LANCASTER AVENUE.