51, CHESTNUT ROAD, WEDNESBURY, WS10 0BQ - £178,000

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.

51 CHESTNUT ROAD is a small extended semi-detached house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £214,625. It was last sold for £178,000 in July 2021, which was around 1% below the average July 2021 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

51 CHESTNUT ROAD Sold Prices

Land registry data shows four sales for 51 CHESTNUT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. two of the four 51 CHESTNUT ROAD sales were for below the average price, and four 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
2021 2 JUL	£178,000	£180,238	1% below HPI
2015 18 FEB	£120,000	£117,598	2% above HPI
2009 25 SEP	£127,000	£110,539	15% above HPI
2003 3 NOV	£77,000	£88,014	13% below HPI

51 CHESTNUT ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sandwell local authority area over time, sourced from the HPI. The four 51 CHESTNUT ROAD sales between November 2003 and July 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 February 2015 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 51 CHESTNUT ROAD be worth now?

51 CHESTNUT ROAD might now be worth an estimated £214,625.

This is based on house price inflation of 20.6%, between July 2021 and February 2025, for semi-detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.6% inflationary increase is applied to the most recent sale price for 51 CHESTNUT ROAD of £178,000 on 2nd July 2021. For the value to have increased from £178,000 to £214,625 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 51 CHESTNUT ROAD has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The July 2021 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 51 CHESTNUT ROAD has not materially changed since July 2021.

How Large is 51 CHESTNUT ROAD?

51 CHESTNUT ROAD is 86m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 40% of semi-detached houses houses in Wednesbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wednesbury, and where 51 CHESTNUT ROAD lies on this distribution: 32% of semi-detached houses houses are smaller than 51 CHESTNUT ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

51 CHESTNUT ROAD: Plot and Title Map

51 CHESTNUT ROAD sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 51 CHESTNUT 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 51 CHESTNUT 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 51 CHESTNUT ROAD?

51 CHESTNUT ROAD is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 51 on CHESTNUT ROAD.