5, FOREST WAY, WALSALL, WS6 6HU - £297,000

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

5 FOREST WAY is a large extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £297,000 in September 2021, which was around 20% below the average September 2021 detached price in the South Staffordshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

5 FOREST WAY Sold Prices

Land registry data shows two sales for 5 FOREST WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 5 FOREST WAY 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
2021 27 SEP	£297,000	£372,565	20% below HPI
2007 25 JUL	£210,550	£267,820	21% below HPI

5 FOREST WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 5 FOREST WAY sales from July 2007 and September 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 July 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 5 FOREST WAY?

5 FOREST WAY is 116m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of detached houses in Great Wyrley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Wyrley, and where 5 FOREST WAY lies on this distribution: 64% of detached houses are smaller than 5 FOREST WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Great Wyrley.

5 FOREST WAY: Plot and Title Map

5 FOREST WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 5 FOREST 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 5 FOREST 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 5 FOREST WAY?

5 FOREST WAY is located in WALSALL, in the WS6 postcode district. The below map shows the position of No. 5 on FOREST WAY.