1B, ADDISON STREET, WEDNESBURY, WS10 9AW - £55,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1B ADDISON STREET is a very small semi-detached house of 72m², built sometime between 1976 and 1982. It was last sold for £55,000 in January 2013, which was around 68% below the average January 2013 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

1B ADDISON STREET Sold Prices

Land registry data shows two sales for 1B ADDISON 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 Sandwell local authority area for the corresponding sale date. Both of the two 1B ADDISON 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
2013 23 JAN	£55,000	£174,041	68% below HPI
1997 9 JUN	£26,000	£71,518	64% below HPI

1B ADDISON STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 1B ADDISON STREET sales from June 1997 and January 2013 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 1997 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the January 2013 sale, where it falls to 68% below the HPI. The line then continues to track at 68% below the HPI.

How Large is 1B ADDISON STREET?

1B ADDISON STREET is 72m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Wednesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Wednesbury, and where 1B ADDISON STREET lies on this distribution: 10% of detached houses are smaller than 1B ADDISON STREET, and 88% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

1B ADDISON STREET: Plot and Title Map

1B ADDISON STREET sits on a plot of roughly 0.649 of an acre, or 2,627m². The below map shows the location of 1B ADDISON 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 1B ADDISON 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 1B ADDISON STREET?

1B ADDISON STREET is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 1B on ADDISON STREET.