5, SHIRE LEA, BROWNHILLS, WALSALL, WS8 6NZ - £318,000

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

5 SHIRE LEA is a very large detached house of 188m², built sometime between 1991 and 1995. It was last sold for £318,000 in March 2016, which was around 40% above the average March 2016 detached price in the Walsall local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was C.

5 SHIRE LEA Sold Prices

Land registry data shows four sales for 5 SHIRE LEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the four 5 SHIRE LEA 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
2016 31 MAR	£318,000	£226,878	40% above HPI
2007 28 SEP	£347,500	£227,386	53% above HPI
2005 5 AUG	£295,000	£210,204	40% above HPI
2001 12 NOV	£199,950	£119,847	67% above HPI

5 SHIRE LEA 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 four 5 SHIRE LEA sales between November 2001 and March 2016 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 September 2007 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the March 2016 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 5 SHIRE LEA?

5 SHIRE LEA is 188m² according to the EPC inspection conducted in August 2024. This puts it in the largest 10% of detached houses in Brownhills, based on EPC data. The below chart shows the distribution of detached houses by size in Brownhills, and where 5 SHIRE LEA lies on this distribution: 97% of detached houses are smaller than 5 SHIRE LEA, and 3% of houses are larger. Note that EPC data is not available for all properties in Brownhills.

5 SHIRE LEA: Plot and Title Map

5 SHIRE LEA sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 5 SHIRE LEA, 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 SHIRE LEA). 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 SHIRE LEA?

5 SHIRE LEA is located in BROWNHILLS, in the WS8 postcode district. The below map shows the position of No. 5 on SHIRE LEA.