Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
48 NORMAN ROAD is a small extended detached house of 117m², built sometime between 1976 and 1982. It was last sold for £430,000 in July 2022, which was around 29% above the average July 2022 detached price in the Walsall local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 48 NORMAN 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 48 NORMAN ROAD 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 |
---|---|---|---|
2022 22 JUL | £430,000 | £333,558 | 29% above HPI |
2008 27 JUN | £242,500 | £222,369 | 9% above HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 48 NORMAN ROAD sales from June 2008 and July 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 2008 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.
48 NORMAN ROAD is 117m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 48 NORMAN ROAD lies on this distribution: 37% of detached houses are smaller than 48 NORMAN ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Walsall.
48 NORMAN ROAD sits on a plot of roughly 0.189 of an acre, or 767m². The below map shows the location of 48 NORMAN 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 48 NORMAN 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.
48 NORMAN ROAD is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 48 on NORMAN ROAD.