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

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.

1B ADDISON STREET is a very small semi-detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £109,456. It was last sold for £55,000 in January 2013, which was around 50% below the average January 2013 semi-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 semi-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	£109,202	50% below HPI
1997 9 JUN	£26,000	£42,682	39% below HPI

1B ADDISON STREET 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 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2013 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 1B ADDISON STREET be worth now?

1B ADDISON STREET might now be worth an estimated £109,456.

This is based on house price inflation of 99%, between January 2013 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 99% inflationary increase is applied to the most recent sale price for 1B ADDISON STREET of £55,000 on 23rd January 2013. For the value to have increased from £55,000 to £109,456 over the eleven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1B ADDISON STREET has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The January 2013 sale price of £55,000 represented a fair market value for the property.
• The size, condition, and specification of 1B ADDISON STREET has not materially changed since January 2013.

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 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 1B ADDISON STREET lies on this distribution: 10% of semi-detached houses 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.