17, FORMBY WAY, WALSALL, WS3 3TL - £130,000

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

17 FORMBY WAY is a midsized extended detached house of 110m², built sometime between 1991 and 1995. It was last sold for £130,000 in August 2001, which was around 15% above the average August 2001 detached price in the Walsall local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

17 FORMBY WAY Sold Prices

Land registry data shows two sales for 17 FORMBY WAY 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 17 FORMBY WAY sales were for above 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
2001 10 AUG	£130,000	£113,468	15% above HPI
1998 30 APR	£93,000	£85,891	8% above HPI

17 FORMBY WAY 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 17 FORMBY WAY sales from April 1998 and August 2001 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 April 1998 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2001 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 17 FORMBY WAY?

17 FORMBY WAY is 110m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of detached houses in Bloxwich, based on EPC data. The below chart shows the distribution of detached houses by size in Bloxwich, and where 17 FORMBY WAY lies on this distribution: 59% of detached houses are smaller than 17 FORMBY WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Bloxwich.

17 FORMBY WAY: Plot and Title Map

17 FORMBY WAY sits on a plot of roughly 0.070 of an acre, or 281m². The below map shows the location of 17 FORMBY WAY, 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 17 FORMBY WAY). 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 17 FORMBY WAY?

17 FORMBY WAY is located in WALSALL, in the WS3 postcode district. The below map shows the position of No. 17 on FORMBY WAY.