7, GORSEY WAY, WALSALL, WS9 0EQ - £223,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 GORSEY WAY is a small extended detached house of 97m², built sometime between 1991 and 1995. It was last sold for £223,000 in September 2017, which was around 15% below the average September 2017 detached price in the Walsall local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

7 GORSEY WAY Sold Prices

Land registry data shows two sales for 7 GORSEY WAY 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 GORSEY WAY 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
2017 28 SEP	£223,000	£260,843	15% below HPI
2016 13 DEC	£216,500	£246,235	12% below HPI

7 GORSEY WAY 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 GORSEY WAY sales from December 2016 and September 2017 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 December 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 GORSEY WAY?

7 GORSEY WAY is 97m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses in Aldridge, based on EPC data. The below chart shows the distribution of detached houses by size in Aldridge, and where 7 GORSEY WAY lies on this distribution: 33% of detached houses are smaller than 7 GORSEY WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Aldridge.

7 GORSEY WAY: Plot and Title Map

7 GORSEY WAY sits on a plot of roughly 0.048 of an acre, or 192m². The below map shows the location of 7 GORSEY WAY, 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 GORSEY WAY). 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 GORSEY WAY?

7 GORSEY WAY is located in WALSALL, in the WS9 postcode district. The below map shows the position of No. 7 on GORSEY WAY.