2, RIVERWAY, WEDNESBURY, WS10 0DN - £200,000

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 RIVERWAY is a midsized extended semi-detached house of 104m², built sometime between 1900 and 1929. It was last sold for £200,000 in May 2019, which was around 18% below the average May 2019 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

2 RIVERWAY Sold Prices

Land registry data shows four sales for 2 RIVERWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the four 2 RIVERWAY 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
2019 31 MAY	£200,000	£242,652	18% below HPI
2013 31 OCT	£154,000	£177,664	13% below HPI
1999 3 DEC	£70,000	£79,691	12% below HPI
1997 24 SEP	£65,000	£70,915	8% below HPI

2 RIVERWAY 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 four 2 RIVERWAY sales between September 1997 and May 2019 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 RIVERWAY?

2 RIVERWAY is 104m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 50% of detached houses in Wednesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Wednesbury, and where 2 RIVERWAY lies on this distribution: 58% of detached houses are smaller than 2 RIVERWAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

2 RIVERWAY: Plot and Title Map

2 RIVERWAY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 2 RIVERWAY, 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 RIVERWAY). 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 RIVERWAY?

2 RIVERWAY is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 2 on RIVERWAY.