40, BRIDGE ROAD, WALSALL, WS4 1RE - £190,000

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.

40 BRIDGE ROAD is a very small detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £310,540. It was last sold for £190,000 in August 2014, which was around 9% below the average August 2014 detached price in the Walsall local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

40 BRIDGE ROAD Sold Prices

Land registry data shows two sales for 40 BRIDGE 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. Both of the two 40 BRIDGE ROAD sales were 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
2014 15 AUG	£190,000	£208,553	9% below HPI
2007 6 JUL	£209,000	£214,206	2% below HPI

40 BRIDGE 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 40 BRIDGE ROAD sales from July 2007 and August 2014 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 July 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2014 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 40 BRIDGE ROAD be worth now?

40 BRIDGE ROAD might now be worth an estimated £310,540.

This is based on house price inflation of 63.4%, between August 2014 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 63.4% inflationary increase is applied to the most recent sale price for 40 BRIDGE ROAD of £190,000 on 15th August 2014. For the value to have increased from £190,000 to £310,540 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 40 BRIDGE ROAD has moved in line with the HPI for detached houses in the Walsall local authority area.
• The August 2014 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 40 BRIDGE ROAD has not materially changed since August 2014.

How Large is 40 BRIDGE ROAD?

40 BRIDGE ROAD is 87m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% 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 40 BRIDGE ROAD lies on this distribution: 20% of detached houses houses are smaller than 40 BRIDGE ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

40 BRIDGE ROAD: Plot and Title Map

40 BRIDGE ROAD sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 40 BRIDGE 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 40 BRIDGE 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 40 BRIDGE ROAD?

40 BRIDGE ROAD is located in WALSALL, in the WS4 postcode district. The below map shows the position of No. 40 on BRIDGE ROAD.