3, NUTMEG GROVE, WALSALL, WS1 2RZ - £420,000

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 NUTMEG GROVE is a large extended detached house of 142m², built sometime between 2003 and 2006, which could now be worth an estimated £543,111. It was last sold for £420,000 in May 2020, which was around 59% above the average May 2020 detached price in the Walsall local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

3 NUTMEG GROVE Sold Prices

Land registry data shows three sales for 3 NUTMEG GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the three 3 NUTMEG GROVE 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
2020 22 MAY	£420,000	£263,597	59% above HPI
2005 14 JUN	£353,000	£195,970	80% above HPI
2000 12 DEC	£212,500	£99,941	113% above HPI

3 NUTMEG GROVE 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 three 3 NUTMEG GROVE sales between December 2000 and May 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 June 2005 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the May 2020 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 3 NUTMEG GROVE be worth now?

3 NUTMEG GROVE might now be worth an estimated £543,111.

This is based on house price inflation of 29.3%, between May 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 29.3% inflationary increase is applied to the most recent sale price for 3 NUTMEG GROVE of £420,000 on 22nd May 2020. For the value to have increased from £420,000 to £543,111 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 3 NUTMEG GROVE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The May 2020 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NUTMEG GROVE has not materially changed since May 2020.

How Large is 3 NUTMEG GROVE?

3 NUTMEG GROVE is 142m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walsall, and where 3 NUTMEG GROVE lies on this distribution: 62% of detached houses houses are smaller than 3 NUTMEG GROVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Walsall.

3 NUTMEG GROVE: Plot and Title Map

3 NUTMEG GROVE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 3 NUTMEG GROVE, 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 NUTMEG GROVE). 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 NUTMEG GROVE?

3 NUTMEG GROVE is located in WALSALL, in the WS1 postcode district. The below map shows the position of No. 3 on NUTMEG GROVE.