5, LAKE AVENUE, WALSALL, WS5 3PA - £480,000

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.

5 LAKE AVENUE is a small detached house of 108m², built sometime between 1930 and 1949, which could now be worth an estimated £483,177. It was last sold for £480,000 in January 2025, which was around 42% above the average January 2025 detached price in the Walsall local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

5 LAKE AVENUE Sold Prices

Land registry data shows three sales for 5 LAKE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the three 5 LAKE AVENUE 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
2025 17 JAN	£480,000	£338,622	42% above HPI
2006 4 AUG	£321,000	£209,213	53% above HPI
1998 13 NOV	£146,000	£83,978	74% above HPI

5 LAKE AVENUE 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 three 5 LAKE AVENUE sales between November 1998 and January 2025 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 August 2006 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the January 2025 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 5 LAKE AVENUE be worth now?

5 LAKE AVENUE might now be worth an estimated £483,177.

This is based on house price inflation of 0.7%, between January 2025 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 0.7% inflationary increase is applied to the most recent sale price for 5 LAKE AVENUE of £480,000 on 17th January 2025. For the value to have increased from £480,000 to £483,177 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 5 LAKE AVENUE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The January 2025 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LAKE AVENUE has not materially changed since January 2025.

How Large is 5 LAKE AVENUE?

5 LAKE AVENUE is 108m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of detached houses houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walsall, and where 5 LAKE AVENUE lies on this distribution: 28% of detached houses houses are smaller than 5 LAKE AVENUE, and 71% of houses are larger. Note that EPC data is not available for all properties in Walsall.

5 LAKE AVENUE: Plot and Title Map

5 LAKE AVENUE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 5 LAKE AVENUE, 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 LAKE AVENUE). 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 LAKE AVENUE?

5 LAKE AVENUE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 5 on LAKE AVENUE.