19, FORMBY WAY, WALSALL, WS3 3TL - £245,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

19 FORMBY WAY is a large detached house of 125m², built sometime between 1991 and 1995, which could now be worth an estimated £355,550. It was last sold for £245,000 in March 2017, which was around 5% above the average March 2017 detached price in the Walsall local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

19 FORMBY WAY Sold Prices

Land registry data shows three sales for 19 FORMBY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Two of the three 19 FORMBY WAY sales were for above the average price, whilst one was 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
2017 7 MAR	£245,000	£233,910	5% above HPI
2011 8 JUL	£197,500	£195,032	1% above HPI
2005 25 FEB	£187,950	£192,028	2% below HPI

19 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 three 19 FORMBY WAY sales between February 2005 and March 2017 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 July 2011 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2017 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 19 FORMBY WAY be worth now?

19 FORMBY WAY might now be worth an estimated £355,550.

This is based on house price inflation of 45.1%, between March 2017 and December 2024, 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 45.1% inflationary increase is applied to the most recent sale price for 19 FORMBY WAY of £245,000 on 7th March 2017. For the value to have increased from £245,000 to £355,550 over the six years and three months to December 2024, the following assumptions must hold true:

• The value of 19 FORMBY WAY has moved in line with the HPI for detached houses in the Walsall local authority area.
• The March 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 19 FORMBY WAY has not materially changed since March 2017.

How Large is 19 FORMBY WAY?

19 FORMBY WAY is 125m² according to the EPC inspection conducted in March 2010. This puts it in the largest 30% of detached houses houses in Bloxwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bloxwich, and where 19 FORMBY WAY lies on this distribution: 79% of detached houses houses are smaller than 19 FORMBY WAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Bloxwich.

19 FORMBY WAY: Plot and Title Map

19 FORMBY WAY sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 19 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 19 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 19 FORMBY WAY?

19 FORMBY WAY is located in WALSALL, in the WS3 postcode district. The below map shows the position of No. 19 on FORMBY WAY.