48, CHESTNUT STREET, WALSALL, WS5 4DG - £267,000

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.

48 CHESTNUT STREET is a small detached house of 91m², which could now be worth an estimated £289,005. It was last sold for £267,000 in May 2022, which was around 9% below the average May 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was A.

48 CHESTNUT STREET Sold Prices

Land registry data shows two sales for 48 CHESTNUT STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. One of the two 48 CHESTNUT STREET sales was for below the average price, whilst the other was 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
2022 27 MAY	£267,000	£291,988	9% below HPI
2015 1 JUN	£189,950	£177,714	7% above HPI

48 CHESTNUT STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 48 CHESTNUT STREET sales from June 2015 and May 2022 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 June 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 48 CHESTNUT STREET be worth now?

48 CHESTNUT STREET might now be worth an estimated £289,005.

This is based on house price inflation of 8.2%, between May 2022 and February 2025, for detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.2% inflationary increase is applied to the most recent sale price for 48 CHESTNUT STREET of £267,000 on 27th May 2022. For the value to have increased from £267,000 to £289,005 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 48 CHESTNUT STREET has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The May 2022 sale price of £267,000 represented a fair market value for the property.
• The size, condition, and specification of 48 CHESTNUT STREET has not materially changed since May 2022.

How Large is 48 CHESTNUT STREET?

48 CHESTNUT STREET is 91m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Bromwich, and where 48 CHESTNUT STREET lies on this distribution: 28% of detached houses houses are smaller than 48 CHESTNUT STREET, and 69% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

48 CHESTNUT STREET: Plot and Title Map

48 CHESTNUT STREET sits on a plot of roughly 2.0 acres, or 7,908m². The below map shows the location of 48 CHESTNUT STREET, 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 48 CHESTNUT STREET). 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 48 CHESTNUT STREET?

48 CHESTNUT STREET is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 48 on CHESTNUT STREET.