7, NEW STREET, SHELFIELD, WALSALL, WS4 1QD - £216,500

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 STREET is a midsized detached house of 105m², built sometime between 1950 and 1966. It was last sold for £216,500 in March 2018, which was around 17% below the average March 2018 detached price in the Walsall local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

7 NEW STREET Sold Prices

Land registry data shows two sales for 7 NEW 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 NEW STREET 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 8 MAR	£216,500	£261,088	17% below HPI
2003 28 MAR	£135,000	£153,982	12% below HPI

7 NEW 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 NEW STREET sales from March 2003 and March 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 March 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 NEW STREET?

7 NEW STREET is 105m² according to the EPC inspection conducted in October 2013. This puts it in the largest 50% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 7 NEW STREET lies on this distribution: 50% of detached houses are smaller than 7 NEW STREET, and 49% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

7 NEW STREET: Plot and Title Map

7 NEW STREET sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 7 NEW 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 NEW 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 NEW STREET?

7 NEW STREET is located in SHELFIELD, in the WS4 postcode district. The below map shows the position of No. 7 on NEW STREET.