Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 WYCH ELM ROAD is a midsized extended detached house of 111m², built sometime between 1996 and 2002. It was last sold for £256,500 in December 2019, which was around 7% below the average December 2019 detached price in the Walsall local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 2 WYCH ELM ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. two of the four 2 WYCH ELM ROAD sales were for below the average price, and four 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 |
---|---|---|---|
2019 6 DEC | £256,500 | £277,292 | 7% below HPI |
2007 19 JUN | £225,000 | £219,679 | 2% above HPI |
2004 13 SEP | £189,000 | £198,737 | 5% below HPI |
1997 27 JUN | £88,950 | £81,566 | 9% above HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The four 2 WYCH ELM ROAD sales between June 1997 and December 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 June 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2019 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
2 WYCH ELM ROAD is 111m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses in Clayhanger, based on EPC data. The below chart shows the distribution of detached houses by size in Clayhanger, and where 2 WYCH ELM ROAD lies on this distribution: 55% of detached houses are smaller than 2 WYCH ELM ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Clayhanger.
2 WYCH ELM ROAD sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 2 WYCH ELM 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 WYCH ELM 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.
2 WYCH ELM ROAD is located in CLAYHANGER, in the WS8 postcode district. The below map shows the position of No. 2 on WYCH ELM ROAD.