26, FORMBY WAY, WALSALL, WS3 3TL - £226,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

26 FORMBY WAY is a midsized detached house of 97m², built sometime between 1983 and 1990. It was last sold for £226,000 in January 2017, which was around 7% below the average January 2017 detached price in the Walsall local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

26 FORMBY WAY Sold Prices

Land registry data shows four sales for 26 FORMBY WAY since 1^st 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. All of the four 26 FORMBY WAY 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
2017 20 JAN	£226,000	£243,728	7% below HPI
2004 21 APR	£165,000	£180,070	8% below HPI
1999 19 JAN	£79,000	£86,746	9% below HPI
1998 27 NOV	£80,000	£86,797	8% below HPI

26 FORMBY WAY 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 four 26 FORMBY WAY sales between November 1998 and January 2017 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 April 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 26 FORMBY WAY?

26 FORMBY WAY is 97m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% of detached houses in Bloxwich, based on EPC data. The below chart shows the distribution of detached houses by size in Bloxwich, and where 26 FORMBY WAY lies on this distribution: 42% of detached houses are smaller than 26 FORMBY WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Bloxwich.

26 FORMBY WAY: Plot and Title Map

26 FORMBY WAY sits on a plot of roughly 0.057 of an acre, or 233m². The below map shows the location of 26 FORMBY 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 26 FORMBY 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 26 FORMBY WAY?

26 FORMBY WAY is located in WALSALL, in the WS3 postcode district. The below map shows the position of No. 26 on FORMBY WAY.