22, BANKS STREET, WILLENHALL, WV13 1SP - £427,000

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

22 BANKS STREET is a very large detached house of 195m², built sometime before 1900. It was last sold for £427,000 in September 2022, which was around 25% above the average September 2022 detached price in the Walsall local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

22 BANKS STREET Sold Prices

Land registry data shows three sales for 22 BANKS STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Two of the three 22 BANKS STREET sales were for above the average price, whilst one was 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
2022 29 SEP	£427,000	£341,349	25% above HPI
2005 27 JUL	£249,995	£206,820	21% above HPI
1996 10 OCT	£35,500	£79,801	56% below HPI

22 BANKS STREET 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 three 22 BANKS STREET sales between October 1996 and September 2022 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 2005 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2022 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 22 BANKS STREET?

22 BANKS STREET is 195m² according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Willenhall, and where 22 BANKS STREET lies on this distribution: 96% of detached houses are smaller than 22 BANKS STREET, and 3% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

22 BANKS STREET: Plot and Title Map

22 BANKS STREET sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 22 BANKS 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 22 BANKS 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 22 BANKS STREET?

22 BANKS STREET is located in WILLENHALL, in the WV13 postcode district. The below map shows the position of No. 22 on BANKS STREET.