41, BROAD WAY, PELSALL, WALSALL, WS4 1AN - £220,000

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

41 BROAD WAY is a small extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £220,000 in December 2017, which was around 15% below the average December 2017 detached price in the Walsall local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

41 BROAD WAY Sold Prices

Land registry data shows two sales for 41 BROAD WAY 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 41 BROAD WAY 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
2017 15 DEC	£220,000	£257,778	15% below HPI
2004 13 JAN	£174,995	£178,301	2% below HPI

41 BROAD WAY 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 41 BROAD WAY sales from January 2004 and December 2017 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 January 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 41 BROAD WAY?

41 BROAD WAY is 92m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 41 BROAD WAY lies on this distribution: 26% of detached houses are smaller than 41 BROAD WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

41 BROAD WAY: Plot and Title Map

41 BROAD WAY sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 41 BROAD WAY, 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 41 BROAD WAY). 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 41 BROAD WAY?

41 BROAD WAY is located in PELSALL, in the WS4 postcode district. The below map shows the position of No. 41 on BROAD WAY.