37, MILL ROAD, PELSALL, WALSALL, WS4 1BS - £285,000

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.

37 MILL ROAD is a large extended detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £338,478. It was last sold for £285,000 in February 2021, which was around 1% below the average February 2021 detached price in the Walsall local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

37 MILL ROAD Sold Prices

Land registry data shows two sales for 37 MILL ROAD 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 37 MILL ROAD sales was for below the average price, whilst the other was 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
2021 17 FEB	£285,000	£287,008	1% below HPI
1996 29 NOV	£80,000	£78,076	2% above HPI

37 MILL 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 two 37 MILL ROAD sales from November 1996 and February 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 November 1996 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 37 MILL ROAD be worth now?

37 MILL ROAD might now be worth an estimated £338,478.

This is based on house price inflation of 18.8%, between February 2021 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 18.8% inflationary increase is applied to the most recent sale price for 37 MILL ROAD of £285,000 on 17th February 2021. For the value to have increased from £285,000 to £338,478 over the four years to February 2025, the following assumptions must hold true:

• The value of 37 MILL ROAD has moved in line with the HPI for detached houses in the Walsall local authority area.
• The February 2021 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 37 MILL ROAD has not materially changed since February 2021.

How Large is 37 MILL ROAD?

37 MILL ROAD is 115m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shelfield, and where 37 MILL ROAD lies on this distribution: 65% of detached houses houses are smaller than 37 MILL ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

37 MILL ROAD: Plot and Title Map

37 MILL ROAD sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 37 MILL 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 37 MILL 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 37 MILL ROAD?

37 MILL ROAD is located in PELSALL, in the WS4 postcode district. The below map shows the position of No. 37 on MILL ROAD.