2, NEW STREET, GREAT WYRLEY, WALSALL, WS6 6JB - £260,000

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 NEW STREET is a small extended detached house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £325,497. It was last sold for £260,000 in June 2020, which was around 25% below the average June 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

2 NEW STREET Sold Prices

Land registry data shows two sales for 2 NEW 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 South Staffordshire local authority area for the corresponding sale date. Both of the two 2 NEW 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
2020 26 JUN	£260,000	£344,521	25% below HPI
2013 4 OCT	£162,500	£252,077	36% below HPI

2 NEW STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 2 NEW STREET sales from October 2013 and June 2020 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 October 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 NEW STREET be worth now?

2 NEW STREET might now be worth an estimated £325,497.

This is based on house price inflation of 25.2%, between June 2020 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.2% inflationary increase is applied to the most recent sale price for 2 NEW STREET of £260,000 on 26th June 2020. For the value to have increased from £260,000 to £325,497 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 2 NEW STREET has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The June 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEW STREET has not materially changed since June 2020.

How Large is 2 NEW STREET?

2 NEW STREET is 94m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 40% of detached houses houses in Great Wyrley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Wyrley, and where 2 NEW STREET lies on this distribution: 32% of detached houses houses are smaller than 2 NEW STREET, and 66% of houses are larger. Note that EPC data is not available for all properties in Great Wyrley.

2 NEW STREET: Plot and Title Map

2 NEW STREET sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 2 NEW 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 2 NEW 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 2 NEW STREET?

2 NEW STREET is located in GREAT WYRLEY, in the WS6 postcode district. The below map shows the position of No. 2 on NEW STREET.