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 NEW FOREST ROAD is a small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £160,000 in July 2018, which was around 40% below the average July 2018 detached price in the Walsall local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 NEW FOREST ROAD since 1st 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 NEW FOREST ROAD 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 |
---|---|---|---|
2018 31 JUL | £160,000 | £267,305 | 40% below HPI |
1997 26 SEP | £70,500 | £84,123 | 16% below HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 7 NEW FOREST ROAD sales from 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 September 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
7 NEW FOREST ROAD is 84m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of detached houses in Bloxwich, based on EPC data. The below chart shows the distribution of detached houses by size in Bloxwich, and where 7 NEW FOREST ROAD lies on this distribution: 23% of detached houses are smaller than 7 NEW FOREST ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Bloxwich.
7 NEW FOREST ROAD sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 7 NEW FOREST 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 NEW FOREST 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.
7 NEW FOREST ROAD is located in WALSALL, in the WS3 postcode district. The below map shows the position of No. 7 on NEW FOREST ROAD.