5, GRASMERE ROAD, WILLENHALL, WV12 4JJ - £277,500

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.

5 GRASMERE ROAD is a midsized detached house of 106m², which could now be worth an estimated £314,079. It was last sold for £277,500 in November 2021, which was around 8% below the average November 2021 detached price in the Walsall local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was A.

5 GRASMERE ROAD Sold Prices

Land registry data shows two sales for 5 GRASMERE ROAD since 1^st 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. One of the two 5 GRASMERE ROAD sales was for below the average price, whilst the other was roughly equal to 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 30 NOV	£277,500	£301,165	8% below HPI
2014 17 OCT	£209,995	£210,511	Close to HPI

5 GRASMERE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 5 GRASMERE ROAD sales from October 2014 and November 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 October 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 5 GRASMERE ROAD be worth now?

5 GRASMERE ROAD might now be worth an estimated £314,079.

This is based on house price inflation of 13.2%, between November 2021 and February 2025, for detached 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 13.2% inflationary increase is applied to the most recent sale price for 5 GRASMERE ROAD of £277,500 on 30th November 2021. For the value to have increased from £277,500 to £314,079 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 GRASMERE ROAD has moved in line with the HPI for detached houses in the Walsall local authority area.
• The November 2021 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 5 GRASMERE ROAD has not materially changed since November 2021.

How Large is 5 GRASMERE ROAD?

5 GRASMERE ROAD is 106m² according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willenhall, and where 5 GRASMERE ROAD lies on this distribution: 55% of detached houses houses are smaller than 5 GRASMERE ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

5 GRASMERE ROAD: Plot and Title Map

5 GRASMERE ROAD sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 5 GRASMERE 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 5 GRASMERE 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.

Where is 5 GRASMERE ROAD?

5 GRASMERE ROAD is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 5 on GRASMERE ROAD.