2, MARTIN ROAD, WALSALL, WS5 3QR - £405,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MARTIN ROAD is a small detached house of 112m², built sometime between 1967 and 1975. It was last sold for £405,000 in September 2023, which was around 15% above the average September 2023 detached price in the Walsall local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

2 MARTIN ROAD Sold Prices

Land registry data shows two sales for 2 MARTIN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Both of the two 2 MARTIN ROAD 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
2023 20 SEP	£405,000	£352,441	15% above HPI
2009 31 JUL	£249,000	£190,391	31% above HPI

2 MARTIN ROAD 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 two 2 MARTIN ROAD sales from July 2009 and September 2023 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 2009 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2023 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 2 MARTIN ROAD?

2 MARTIN ROAD is 112m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 40% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 2 MARTIN ROAD lies on this distribution: 32% of detached houses are smaller than 2 MARTIN ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Walsall.

2 MARTIN ROAD: Plot and Title Map

2 MARTIN ROAD sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 2 MARTIN 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 2 MARTIN 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 2 MARTIN ROAD?

2 MARTIN ROAD is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 2 on MARTIN ROAD.