23, STANHOPE WAY, BIRMINGHAM, B43 7UB - £243,000

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 STANHOPE WAY is a small extended semi-detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £327,548. It was last sold for £243,000 in November 2018, which was around 48% above the average November 2018 semi-detached price in the Walsall local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

23 STANHOPE WAY Sold Prices

Land registry data shows three sales for 23 STANHOPE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Walsall local authority area for the corresponding sale date. All of the three 23 STANHOPE WAY sales 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
2018 14 NOV	£243,000	£163,852	48% above HPI
2015 11 DEC	£176,000	£135,425	30% above HPI
2006 11 AUG	£153,000	£133,299	15% above HPI

23 STANHOPE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Walsall local authority area over time, sourced from the HPI. The three 23 STANHOPE WAY sales between August 2006 and November 2018 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 December 2015 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2018 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 23 STANHOPE WAY be worth now?

23 STANHOPE WAY might now be worth an estimated £327,548.

This is based on house price inflation of 34.8%, between November 2018 and February 2025, for semi-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 34.8% inflationary increase is applied to the most recent sale price for 23 STANHOPE WAY of £243,000 on 14th November 2018. For the value to have increased from £243,000 to £327,548 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 23 STANHOPE WAY has moved in line with the HPI for semi-detached houses in the Walsall local authority area.
• The November 2018 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 23 STANHOPE WAY has not materially changed since November 2018.

How Large is 23 STANHOPE WAY?

23 STANHOPE WAY is 82m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of semi-detached houses houses in Pheasey, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Pheasey, and where 23 STANHOPE WAY lies on this distribution: 24% of semi-detached houses houses are smaller than 23 STANHOPE WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Pheasey.

23 STANHOPE WAY: Plot and Title Map

23 STANHOPE WAY sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 23 STANHOPE WAY, 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 STANHOPE WAY). 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 STANHOPE WAY?

23 STANHOPE WAY is located in BIRMINGHAM, in the B43 postcode district. The below map shows the position of No. 23 on STANHOPE WAY.