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
42 MORETON AVENUE is a large extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £310,000 in February 2024, which was around 11% below the average February 2024 detached price in the Walsall local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 42 MORETON AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. The four 42 MORETON AVENUE sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2024 9 FEB | £310,000 | £349,529 | 11% below HPI |
2017 13 APR | £245,000 | £244,788 | Close to HPI |
2003 12 DEC | £129,950 | £179,609 | 28% below HPI |
2000 30 DEC | £30,000 | £103,295 | 71% below HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The four 42 MORETON AVENUE sales between December 2000 and February 2024 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 April 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
42 MORETON AVENUE is 115m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 20% of detached houses in Pheasey, based on EPC data. The below chart shows the distribution of detached houses by size in Pheasey, and where 42 MORETON AVENUE lies on this distribution: 79% of detached houses are smaller than 42 MORETON AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Pheasey.
42 MORETON AVENUE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 42 MORETON 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 42 MORETON 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.
42 MORETON AVENUE is located in BIRMINGHAM, in the B43 postcode district. The below map shows the position of No. 42 on MORETON AVENUE.