3, RICHARD ROAD, WALSALL, WS5 3QW - £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 RICHARD ROAD is a very small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £295,000 in June 2016, which was around 23% above the average June 2016 detached price in the Walsall local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

3 RICHARD ROAD Sold Prices

Land registry data shows three sales for 3 RICHARD ROAD 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 RICHARD ROAD 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
2016 27 JUN	£295,000	£239,466	23% above HPI
2007 3 MAY	£275,000	£217,296	27% above HPI
1996 27 JUL	£129,950	£79,558	63% above HPI

3 RICHARD 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 three 3 RICHARD ROAD sales between July 1996 and June 2016 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 2007 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2016 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 3 RICHARD ROAD?

3 RICHARD ROAD is 99m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 3 RICHARD ROAD lies on this distribution: 18% of detached houses are smaller than 3 RICHARD ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Walsall.

3 RICHARD ROAD: Plot and Title Map

3 RICHARD ROAD sits on a plot of roughly 0.177 of an acre, or 718m². The below map shows the location of 3 RICHARD 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 RICHARD 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 RICHARD ROAD?

3 RICHARD ROAD is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 3 on RICHARD ROAD.