5, WESTMINSTER ROAD, WALSALL, WS4 1NJ - £195,000

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 WESTMINSTER ROAD is a small extended detached house of 87m², built sometime between 1950 and 1966. It was last sold for £195,000 in September 2016, which was around 18% below the average September 2016 detached price in the Walsall local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

5 WESTMINSTER ROAD Sold Prices

Land registry data shows three sales for 5 WESTMINSTER ROAD 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 WESTMINSTER ROAD 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
2016 23 SEP	£195,000	£238,800	18% below HPI
2007 16 JUL	£207,000	£221,395	7% below HPI
2004 29 JUL	£180,000	£189,277	5% below HPI

5 WESTMINSTER 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 three 5 WESTMINSTER ROAD sales between July 2004 and September 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 July 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 5 WESTMINSTER ROAD?

5 WESTMINSTER ROAD is 87m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of detached houses in Rushall, based on EPC data. The below chart shows the distribution of detached houses by size in Rushall, and where 5 WESTMINSTER ROAD lies on this distribution: 21% of detached houses are smaller than 5 WESTMINSTER ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Rushall.

5 WESTMINSTER ROAD: Plot and Title Map

5 WESTMINSTER ROAD sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 5 WESTMINSTER 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 WESTMINSTER 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 WESTMINSTER ROAD?

5 WESTMINSTER ROAD is located in WALSALL, in the WS4 postcode district. The below map shows the position of No. 5 on WESTMINSTER ROAD.