4, LAKE AVENUE, WALSALL, WS5 3PA - £337,000

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.

4 LAKE AVENUE is a small detached house of 113m², built sometime between 1930 and 1949, which could now be worth an estimated £381,422. It was last sold for £337,000 in November 2021, which was around 12% above the average November 2021 detached price in the Walsall local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

4 LAKE AVENUE Sold Prices

Land registry data shows two sales for 4 LAKE AVENUE 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. Both of the two 4 LAKE AVENUE 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
2021 11 NOV	£337,000	£301,165	12% above HPI
2005 8 JUN	£235,000	£195,970	20% above HPI

4 LAKE AVENUE 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 4 LAKE AVENUE sales from June 2005 and November 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 June 2005 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 4 LAKE AVENUE be worth now?

4 LAKE AVENUE might now be worth an estimated £381,422.

This is based on house price inflation of 13.2%, between November 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 13.2% inflationary increase is applied to the most recent sale price for 4 LAKE AVENUE of £337,000 on 11th November 2021. For the value to have increased from £337,000 to £381,422 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 LAKE AVENUE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The November 2021 sale price of £337,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LAKE AVENUE has not materially changed since November 2021.

How Large is 4 LAKE AVENUE?

4 LAKE AVENUE is 113m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 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 4 LAKE AVENUE lies on this distribution: 34% of detached houses houses are smaller than 4 LAKE AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Walsall.

4 LAKE AVENUE: Plot and Title Map

4 LAKE AVENUE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 4 LAKE AVENUE, 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 4 LAKE AVENUE). 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 4 LAKE AVENUE?

4 LAKE AVENUE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 4 on LAKE AVENUE.