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
318 WALSTEAD ROAD is a small detached house of 97m², built sometime between 1930 and 1949. It was last sold for £355,000 in June 2021, which was around 17% above the average June 2021 detached price in the Walsall local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 318 WALSTEAD ROAD since 1st 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 318 WALSTEAD ROAD 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 |
---|---|---|---|
2021 15 JUN | £355,000 | £304,319 | 17% above HPI |
2015 18 SEP | £205,000 | £220,836 | 7% below HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 318 WALSTEAD ROAD sales from September 2015 and June 2021 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 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.
318 WALSTEAD ROAD is 97m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 318 WALSTEAD ROAD lies on this distribution: 37% of detached houses are smaller than 318 WALSTEAD ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.
318 WALSTEAD ROAD sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 318 WALSTEAD 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 318 WALSTEAD 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.
318 WALSTEAD ROAD is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 318 on WALSTEAD ROAD.