56, THE PARKWAY, WALSALL, WS4 1XB - £180,000

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

56 THE PARKWAY is a large extended detached house of 116m², built sometime between 1991 and 1995. It was last sold for £180,000 in September 2003, which was around 6% above the average September 2003 detached price in the Walsall local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

56 THE PARKWAY Sold Prices

Land registry data shows three sales for 56 THE PARKWAY 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 56 THE PARKWAY 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
2003 25 SEP	£180,000	£169,199	6% above HPI
2000 22 SEP	£120,000	£105,634	14% above HPI
1999 28 JAN	£112,000	£86,746	29% above HPI

56 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 three 56 THE PARKWAY sales between January 1999 and September 2003 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 2000 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2003 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 56 THE PARKWAY?

56 THE PARKWAY is 116m², which includes three extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 40% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 56 THE PARKWAY lies on this distribution: 66% of detached houses are smaller than 56 THE PARKWAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

56 THE PARKWAY: Plot and Title Map

56 THE PARKWAY sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 56 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 56 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 56 THE PARKWAY?

56 THE PARKWAY is located in WALSALL, in the WS4 postcode district. The below map shows the position of No. 56 on THE PARKWAY.