31, FORDBROOK LANE, WALSALL, WS3 4BW - £285,000

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

31 FORDBROOK LANE is a large extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £285,000 in January 2018, which was around 11% above the average January 2018 detached price in the Walsall local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

31 FORDBROOK LANE Sold Prices

Land registry data shows four sales for 31 FORDBROOK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the four 31 FORDBROOK LANE 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
2018 22 JAN	£285,000	£257,385	11% above HPI
2007 31 AUG	£270,000	£224,711	20% above HPI
2004 28 MAY	£225,000	£181,140	24% above HPI
2002 13 SEP	£155,000	£138,326	12% above HPI

31 FORDBROOK LANE 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 four 31 FORDBROOK LANE sales between September 2002 and January 2018 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 August 2007 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 31 FORDBROOK LANE?

31 FORDBROOK LANE is 115m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 40% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 31 FORDBROOK LANE lies on this distribution: 64% of detached houses are smaller than 31 FORDBROOK LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

31 FORDBROOK LANE: Plot and Title Map

31 FORDBROOK LANE sits on a plot of roughly 0.209 of an acre, or 847m². The below map shows the location of 31 FORDBROOK LANE, 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 31 FORDBROOK LANE). 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 31 FORDBROOK LANE?

31 FORDBROOK LANE is located in WALSALL, in the WS3 postcode district. The below map shows the position of No. 31 on FORDBROOK LANE.