2, MALVERN DRIVE, WALSALL, WS9 8LL - £179,000

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.

2 MALVERN DRIVE is a very small extended semi-detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £327,027. It was last sold for £179,000 in September 2011, which was around 48% above the average September 2011 semi-detached price in the Walsall local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

2 MALVERN DRIVE Sold Prices

Land registry data shows two sales for 2 MALVERN DRIVE 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 Walsall local authority area for the corresponding sale date. Both of the two 2 MALVERN DRIVE 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
2011 19 SEP	£179,000	£120,890	48% above HPI
2002 9 DEC	£175,000	£82,164	113% above HPI

2 MALVERN DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Walsall local authority area over time, sourced from the HPI. The two 2 MALVERN DRIVE sales from December 2002 and September 2011 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 December 2002 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the September 2011 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 2 MALVERN DRIVE be worth now?

2 MALVERN DRIVE might now be worth an estimated £327,027.

This is based on house price inflation of 82.7%, between September 2011 and February 2025, for semi-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 82.7% inflationary increase is applied to the most recent sale price for 2 MALVERN DRIVE of £179,000 on 19th September 2011. For the value to have increased from £179,000 to £327,027 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 MALVERN DRIVE has moved in line with the HPI for semi-detached houses in the Walsall local authority area.
• The September 2011 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MALVERN DRIVE has not materially changed since September 2011.

How Large is 2 MALVERN DRIVE?

2 MALVERN DRIVE is 80m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of semi-detached houses houses in Aldridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Aldridge, and where 2 MALVERN DRIVE lies on this distribution: 15% of semi-detached houses houses are smaller than 2 MALVERN DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Aldridge.

2 MALVERN DRIVE: Plot and Title Map

2 MALVERN DRIVE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 2 MALVERN DRIVE, 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 2 MALVERN DRIVE). 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 2 MALVERN DRIVE?

2 MALVERN DRIVE is located in WALSALL, in the WS9 postcode district. The below map shows the position of No. 2 on MALVERN DRIVE.