43, NEWHOME WAY, WALSALL, WS3 1JH - £175,000

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.

43 NEWHOME WAY is a midsized terraced house of 102m², built sometime from 2007 onwards, which could now be worth an estimated £208,039. It was last sold for £175,000 in July 2021, which was around 10% above the average July 2021 terraced price in the Walsall local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

43 NEWHOME WAY Sold Prices

Land registry data shows four sales for 43 NEWHOME WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Walsall local authority area for the corresponding sale date. All of the four 43 NEWHOME WAY 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 9 JUL	£175,000	£158,478	10% above HPI
2019 24 MAY	£150,000	£133,755	12% above HPI
2016 26 AUG	£135,000	£121,311	11% above HPI
2008 23 JUL	£144,320	£114,707	26% above HPI

43 NEWHOME WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Walsall local authority area over time, sourced from the HPI. The four 43 NEWHOME WAY sales between July 2008 and July 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 May 2019 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 43 NEWHOME WAY be worth now?

43 NEWHOME WAY might now be worth an estimated £208,039.

This is based on house price inflation of 18.9%, between July 2021 and July 2025, for terraced 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 18.9% inflationary increase is applied to the most recent sale price for 43 NEWHOME WAY of £175,000 on 9th July 2021. For the value to have increased from £175,000 to £208,039 over the four years to July 2025, the following assumptions must hold true:

• The value of 43 NEWHOME WAY has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The July 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 43 NEWHOME WAY has not materially changed since July 2021.

How Large is 43 NEWHOME WAY?

43 NEWHOME WAY is 102m² according to the EPC inspection conducted in December 2018. This puts it in the largest 50% of terraced houses houses in Bloxwich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bloxwich, and where 43 NEWHOME WAY lies on this distribution: 50% of terraced houses houses are smaller than 43 NEWHOME WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Bloxwich.

43 NEWHOME WAY: Plot and Title Map

43 NEWHOME WAY sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 43 NEWHOME 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 43 NEWHOME 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 43 NEWHOME WAY?

43 NEWHOME WAY is located in WALSALL, in the WS3 postcode district. The below map shows the position of No. 43 on NEWHOME WAY.