58, 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

58 THE PARKWAY is a small extended detached house of 92m², built sometime between 1983 and 1990. It was last sold for £235,000 in December 2019, which was around 15% below the average December 2019 detached price in the Walsall local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

58 THE PARKWAY Sold Prices

Land registry data shows three sales for 58 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 58 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
2019 5 DEC	£235,000	£277,292	15% below HPI
2001 24 MAY	£105,000	£109,946	4% below HPI
1997 27 MAR	£74,000	£80,908	9% below HPI

58 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 58 THE PARKWAY sales between March 1997 and December 2019 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 May 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 58 THE PARKWAY?

58 THE PARKWAY is 92m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 58 THE PARKWAY lies on this distribution: 26% of detached houses are smaller than 58 THE PARKWAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

58 THE PARKWAY: Plot and Title Map

58 THE PARKWAY sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 58 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 58 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 58 THE PARKWAY?

58 THE PARKWAY is located in WALSALL, in the WS4 postcode district. The below map shows the position of No. 58 on THE PARKWAY.