18, CHESTNUT ROAD, WEDNESBURY, WS10 0BQ - £118,500

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.

18 CHESTNUT ROAD is a very small semi-detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £215,193. It was last sold for £118,500 in July 2015, which was around 1% below the average July 2015 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was C.

18 CHESTNUT ROAD Sold Prices

Land registry data shows three sales for 18 CHESTNUT ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. All of the three 18 CHESTNUT ROAD 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
2015 3 JUL	£118,500	£119,673	1% below HPI
2010 7 JUN	£112,000	£116,056	3% below HPI
2006 24 NOV	£118,000	£121,978	3% below HPI

18 CHESTNUT ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 18 CHESTNUT ROAD sales between November 2006 and July 2015 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 June 2010 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2015 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 18 CHESTNUT ROAD be worth now?

18 CHESTNUT ROAD might now be worth an estimated £215,193.

This is based on house price inflation of 81.6%, between July 2015 and February 2025, for semi-detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 81.6% inflationary increase is applied to the most recent sale price for 18 CHESTNUT ROAD of £118,500 on 3rd July 2015. For the value to have increased from £118,500 to £215,193 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 18 CHESTNUT ROAD has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The July 2015 sale price of £118,500 represented a fair market value for the property.
• The size, condition, and specification of 18 CHESTNUT ROAD has not materially changed since July 2015.

How Large is 18 CHESTNUT ROAD?

18 CHESTNUT ROAD is 79m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of semi-detached houses houses in Wednesbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wednesbury, and where 18 CHESTNUT ROAD lies on this distribution: 19% of semi-detached houses houses are smaller than 18 CHESTNUT ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

18 CHESTNUT ROAD: Plot and Title Map

18 CHESTNUT ROAD sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 18 CHESTNUT ROAD, 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 18 CHESTNUT ROAD). 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 18 CHESTNUT ROAD?

18 CHESTNUT ROAD is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 18 on CHESTNUT ROAD.