3, CAVENDISH WAY, WALSALL, WS9 0RP - £295,000

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

3 CAVENDISH WAY is a very large extended detached house of 177m², built sometime between 1976 and 1982. It was last sold for £295,000 in December 2003, which was around 64% above the average December 2003 detached price in the Walsall local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

3 CAVENDISH WAY Sold Prices

Land registry data shows four sales for 3 CAVENDISH 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. Most of the four 3 CAVENDISH 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
2003 18 DEC	£295,000	£179,609	64% above HPI
2002 23 AUG	£249,950	£135,838	84% above HPI
2001 11 APR	£215,000	£109,285	97% above HPI
1997 4 JUL	£44,000	£83,277	47% below HPI

3 CAVENDISH 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 3 CAVENDISH WAY sales between July 1997 and December 2003 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 August 2002 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the December 2003 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is 3 CAVENDISH WAY?

3 CAVENDISH WAY is 177m², which includes three extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 20% of detached houses in Aldridge, based on EPC data. The below chart shows the distribution of detached houses by size in Aldridge, and where 3 CAVENDISH WAY lies on this distribution: 89% of detached houses are smaller than 3 CAVENDISH WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Aldridge.

3 CAVENDISH WAY: Plot and Title Map

3 CAVENDISH WAY sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 3 CAVENDISH 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 3 CAVENDISH 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 3 CAVENDISH WAY?

3 CAVENDISH WAY is located in WALSALL, in the WS9 postcode district. The below map shows the position of No. 3 on CAVENDISH WAY.