3, MILESTONE WAY, WILLENHALL, WV12 5YA - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MILESTONE WAY is a very large extended detached house of 128m², built sometime between 1976 and 1982, which could now be worth an estimated £384,213. It was last sold for £315,000 in October 2020, which was around 13% above the average October 2020 detached price in the Walsall local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

3 MILESTONE WAY Sold Prices

Land registry data shows two sales for 3 MILESTONE WAY 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. One of the two 3 MILESTONE WAY 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
2020 30 OCT	£315,000	£279,459	13% above HPI
2013 4 APR	£185,000	£194,823	5% below HPI

3 MILESTONE 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 two 3 MILESTONE WAY sales from April 2013 and October 2020 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 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2020 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 3 MILESTONE WAY be worth now?

3 MILESTONE WAY might now be worth an estimated £384,213.

This is based on house price inflation of 22%, between October 2020 and February 2025, for detached houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22% inflationary increase is applied to the most recent sale price for 3 MILESTONE WAY of £315,000 on 30th October 2020. For the value to have increased from £315,000 to £384,213 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 MILESTONE WAY has moved in line with the HPI for detached houses in the Walsall local authority area.
• The October 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILESTONE WAY has not materially changed since October 2020.

How Large is 3 MILESTONE WAY?

3 MILESTONE WAY is 128m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 20% of detached houses houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willenhall, and where 3 MILESTONE WAY lies on this distribution: 80% of detached houses houses are smaller than 3 MILESTONE WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

3 MILESTONE WAY: Plot and Title Map

3 MILESTONE WAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 3 MILESTONE 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 MILESTONE 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 MILESTONE WAY?

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