56, LAUNCESTON ROAD, WALSALL, WS5 3EE - £85,500

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.

56 LAUNCESTON ROAD is a very small detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £347,463. It was last sold for £85,500 in October 1998, which was around 2% above the average October 1998 detached price in the Walsall local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

56 LAUNCESTON ROAD Sold Prices

Land registry data shows two sales for 56 LAUNCESTON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. One of the two 56 LAUNCESTON ROAD sales was for above the average price, whilst the other was 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
1998 1 OCT	£85,500	£83,876	2% above HPI
1995 29 SEP	£66,000	£73,648	10% below HPI

56 LAUNCESTON 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 two 56 LAUNCESTON ROAD sales from September 1995 and October 1998 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 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 1998 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 56 LAUNCESTON ROAD be worth now?

56 LAUNCESTON ROAD might now be worth an estimated £347,463.

This is based on house price inflation of 306.4%, between October 1998 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 306.4% inflationary increase is applied to the most recent sale price for 56 LAUNCESTON ROAD of £85,500 on 1st October 1998. For the value to have increased from £85,500 to £347,463 over the 27 years and eight months to February 2025, the following assumptions must hold true:

• The value of 56 LAUNCESTON ROAD has moved in line with the HPI for detached houses in the Walsall local authority area.
• The October 1998 sale price of £85,500 represented a fair market value for the property.
• The size, condition, and specification of 56 LAUNCESTON ROAD has not materially changed since October 1998.

How Large is 56 LAUNCESTON ROAD?

56 LAUNCESTON ROAD is 100m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% 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 56 LAUNCESTON ROAD lies on this distribution: 20% of detached houses houses are smaller than 56 LAUNCESTON ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Walsall.

56 LAUNCESTON ROAD: Plot and Title Map

56 LAUNCESTON ROAD sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 56 LAUNCESTON 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 56 LAUNCESTON 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 56 LAUNCESTON ROAD?

56 LAUNCESTON ROAD is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 56 on LAUNCESTON ROAD.