7, MARTIN ROAD, WALSALL, WS5 3QR - £340,000

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 MARTIN ROAD is a very small detached house of 90m², built sometime between 1950 and 1966. It was last sold for £340,000 in July 2018, which was around 27% above the average July 2018 detached price in the Walsall local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

7 MARTIN ROAD Sold Prices

Land registry data shows three sales for 7 MARTIN ROAD 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 7 MARTIN 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
2018 30 JUL	£340,000	£267,305	27% above HPI
2008 16 MAY	£270,000	£225,182	20% above HPI
1997 10 SEP	£114,000	£84,123	36% above HPI

7 MARTIN ROAD 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 7 MARTIN ROAD sales between September 1997 and July 2018 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 2008 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2018 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 7 MARTIN ROAD?

7 MARTIN ROAD is 90m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 20% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 7 MARTIN ROAD lies on this distribution: 11% of detached houses are smaller than 7 MARTIN ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Walsall.

7 MARTIN ROAD: Plot and Title Map

7 MARTIN ROAD sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 7 MARTIN 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 7 MARTIN 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.

Where is 7 MARTIN ROAD?

7 MARTIN ROAD is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 7 on MARTIN ROAD.