3, DARVEL ROAD, WILLENHALL, WV12 4TS - £125,000

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 DARVEL ROAD is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £125,000 in July 2008, which was around 44% below the average July 2008 detached price in the Walsall local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

3 DARVEL ROAD Sold Prices

Land registry data shows two sales for 3 DARVEL ROAD since 1^st 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. Both of the two 3 DARVEL ROAD 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
2008 25 JUL	£125,000	£222,196	44% below HPI
1998 29 MAY	£54,000	£86,014	37% below HPI

3 DARVEL ROAD 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 two 3 DARVEL ROAD sales from May 1998 and July 2008 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 May 1998 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2008 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 3 DARVEL ROAD?

3 DARVEL ROAD is 70m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Willenhall, and where 3 DARVEL ROAD lies on this distribution: 11% of detached houses are smaller than 3 DARVEL ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

3 DARVEL ROAD: Plot and Title Map

3 DARVEL ROAD sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 3 DARVEL ROAD, 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 DARVEL ROAD). 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 DARVEL ROAD?

3 DARVEL ROAD is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 3 on DARVEL ROAD.