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
46A SPRING ROAD is a very small extended detached house of 86m², built sometime between 1900 and 1929. It was last sold for £75,000 in July 2012, which was around 63% below the average July 2012 detached price in the Walsall local authority area. The most recent EPC inspection was February 2024, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 46A SPRING ROAD since 1st 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 46A SPRING 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 |
---|---|---|---|
2012 6 JUL | £75,000 | £201,509 | 63% below HPI |
2011 28 NOV | £63,000 | £203,664 | 69% below HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 46A SPRING ROAD sales from November 2011 and July 2012 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 November 2011 sale was for 69% below the HPI. So the extrapolation line tracks at 69% below the HPI over time, until the July 2012 sale, where it rises to 63% below the HPI. The line then continues to track at 63% below the HPI.
46A SPRING ROAD is 86m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 46A SPRING ROAD lies on this distribution: 17% of detached houses are smaller than 46A SPRING ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Shelfield.
46A SPRING ROAD sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 46A SPRING 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 46A SPRING 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.
46A SPRING ROAD is located in WALSALL, in the WS4 postcode district. The below map shows the position of No. 46A on SPRING ROAD.