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 THORNEY ROAD is a large extended detached house of 156m², built sometime between 1950 and 1966. It was last sold for £578,000 in March 2022, which was around 79% above the average March 2022 detached price in the Walsall local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 56 THORNEY ROAD since 1st 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 56 THORNEY ROAD 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 |
---|---|---|---|
2022 11 MAR | £578,000 | £323,555 | 79% above HPI |
2005 12 JUL | £215,000 | £206,820 | 4% above HPI |
2003 15 AUG | £215,000 | £163,758 | 31% above HPI |
1998 17 JUL | £118,000 | £86,062 | 37% above HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The four 56 THORNEY ROAD sales between July 1998 and March 2022 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 2005 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2022 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.
56 THORNEY ROAD is 156m², which includes three extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 30% of detached houses in Streetly, based on EPC data. The below chart shows the distribution of detached houses by size in Streetly, and where 56 THORNEY ROAD lies on this distribution: 74% of detached houses are smaller than 56 THORNEY ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Streetly.
56 THORNEY ROAD sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 56 THORNEY 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 THORNEY 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.
56 THORNEY ROAD is located in SUTTON COLDFIELD, in the B74 postcode district. The below map shows the position of No. 56 on THORNEY ROAD.