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
25 SOMERFORD PLACE is a very large extended detached house of 207m², built sometime between 1930 and 1949. It was last sold for £315,000 in March 2016, which was around 39% above the average March 2016 detached price in the Walsall local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 25 SOMERFORD PLACE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. One of the two 25 SOMERFORD PLACE sales was for above the average price, whilst the other 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 |
---|---|---|---|
2016 15 MAR | £315,000 | £226,878 | 39% above HPI |
2012 13 NOV | £97,000 | £200,155 | 52% below HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 25 SOMERFORD PLACE sales from November 2012 and March 2016 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 November 2012 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the March 2016 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.
25 SOMERFORD PLACE is 207m², which includes two extensions, according to the EPC inspection conducted in March 2015. 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 25 SOMERFORD PLACE lies on this distribution: 97% of detached houses are smaller than 25 SOMERFORD PLACE, and 3% of houses are larger. Note that EPC data is not available for all properties in Willenhall.
25 SOMERFORD PLACE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 25 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 25 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.
25 SOMERFORD PLACE is located in WILLENHALL, in the WV13 postcode district. The below map shows the position of No. 25 on SOMERFORD PLACE.