3, FRANCHISE STREET, WEDNESBURY, WS10 9RE - £300,000

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

3 FRANCHISE STREET is a small detached house of 92m², built sometime between 1930 and 1949. It was last sold for £300,000 in December 2022, which was around 15% below the average December 2022 detached price in the Walsall local authority area. The most recent EPC inspection was May 2013, where the current energy rating was F, and the potential energy rating was B.

3 FRANCHISE STREET Sold Prices

Land registry data shows two sales for 3 FRANCHISE STREET 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 FRANCHISE STREET 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
2022 2 DEC	£300,000	£350,918	15% below HPI
2013 19 SEP	£150,000	£205,079	27% below HPI

3 FRANCHISE STREET 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 FRANCHISE STREET sales from September 2013 and December 2022 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 September 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 FRANCHISE STREET?

3 FRANCHISE STREET is 92m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in Darlaston, based on EPC data. The below chart shows the distribution of detached houses by size in Darlaston, and where 3 FRANCHISE STREET lies on this distribution: 39% of detached houses are smaller than 3 FRANCHISE STREET, and 59% of houses are larger. Note that EPC data is not available for all properties in Darlaston.

3 FRANCHISE STREET: Plot and Title Map

3 FRANCHISE STREET sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 3 FRANCHISE STREET, 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 FRANCHISE STREET). 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 FRANCHISE STREET?

3 FRANCHISE STREET is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 3 on FRANCHISE STREET.