7, BANKS STREET, WILLENHALL, WV13 1SP - £225,000

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

7 BANKS STREET is a very large extended detached house of 219m², built sometime before 1900. It was last sold for £225,000 in April 2003, which was around 45% above the average April 2003 detached price in the Walsall local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

7 BANKS STREET Sold Prices

Land registry data shows two sales for 7 BANKS STREET 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. Both of the two 7 BANKS STREET 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 4 APR	£225,000	£155,017	45% above HPI
2002 21 JUN	£145,000	£130,905	11% above HPI

7 BANKS STREET 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 7 BANKS STREET sales from June 2002 and April 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 June 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2003 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 7 BANKS STREET?

7 BANKS STREET is 219m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of detached houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Willenhall, and where 7 BANKS STREET lies on this distribution: 98% of detached houses are smaller than 7 BANKS STREET, and 2% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

7 BANKS STREET: Plot and Title Map

7 BANKS STREET sits on a plot of roughly 0.189 of an acre, or 765m². The below map shows the location of 7 BANKS STREET, 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 7 BANKS STREET). 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 7 BANKS STREET?

7 BANKS STREET is located in WILLENHALL, in the WV13 postcode district. The below map shows the position of No. 7 on BANKS STREET.