50, THE PARKWAY, WALSALL, WS4 1XB - £235,000

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

50 THE PARKWAY is a very small extended detached house of 63m², built sometime between 1983 and 1990. It was last sold for £235,000 in June 2020, which was around 16% below the average June 2020 detached price in the Walsall local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

50 THE PARKWAY Sold Prices

Land registry data shows four sales for 50 THE PARKWAY 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 50 THE PARKWAY 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
2020 26 JUN	£235,000	£279,822	16% below HPI
2015 23 JAN	£165,000	£216,305	24% below HPI
1999 2 JUL	£73,500	£88,579	17% below HPI
1998 11 FEB	£70,000	£85,272	18% below HPI

50 THE PARKWAY 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 50 THE PARKWAY sales between February 1998 and June 2020 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 January 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 50 THE PARKWAY?

50 THE PARKWAY is 63m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 50 THE PARKWAY lies on this distribution: 1% of detached houses are smaller than 50 THE PARKWAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

50 THE PARKWAY: Plot and Title Map

50 THE PARKWAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 50 THE PARKWAY, 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 50 THE PARKWAY). 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 50 THE PARKWAY?

50 THE PARKWAY is located in WALSALL, in the WS4 postcode district. The below map shows the position of No. 50 on THE PARKWAY.