23, SOMERFORD PLACE, WILLENHALL, WV13 3DZ - £245,000

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.

23 SOMERFORD PLACE is a large detached house of 111m², built sometime between 1930 and 1949, which could now be worth an estimated £320,691. It was last sold for £245,000 in July 2019, which was around 6% below the average July 2019 detached price in the Walsall local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

23 SOMERFORD PLACE Sold Prices

Land registry data shows three sales for 23 SOMERFORD PLACE 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. All of the three 23 SOMERFORD PLACE 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 4 JUL	£245,000	£260,411	6% below HPI
2007 12 JAN	£175,000	£214,223	18% below HPI
2001 19 NOV	£95,000	£115,955	18% below HPI

23 SOMERFORD PLACE 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 23 SOMERFORD PLACE sales between November 2001 and July 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 January 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 23 SOMERFORD PLACE be worth now?

23 SOMERFORD PLACE might now be worth an estimated £320,691.

This is based on house price inflation of 30.9%, between July 2019 and February 2025, for detached houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.9% inflationary increase is applied to the most recent sale price for 23 SOMERFORD PLACE of £245,000 on 4th July 2019. For the value to have increased from £245,000 to £320,691 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 23 SOMERFORD PLACE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The July 2019 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SOMERFORD PLACE has not materially changed since July 2019.

How Large is 23 SOMERFORD PLACE?

23 SOMERFORD PLACE is 111m² according to the EPC inspection conducted in July 2015. This puts it in the largest 40% of detached houses houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willenhall, and where 23 SOMERFORD PLACE lies on this distribution: 64% of detached houses houses are smaller than 23 SOMERFORD PLACE, and 35% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

23 SOMERFORD PLACE: Plot and Title Map

23 SOMERFORD PLACE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 23 SOMERFORD PLACE, 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 23 SOMERFORD PLACE). 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 23 SOMERFORD PLACE?

23 SOMERFORD PLACE is located in WILLENHALL, in the WV13 postcode district. The below map shows the position of No. 23 on SOMERFORD PLACE.