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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 NEW STREET is a midsized detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £292,137. It was last sold for £216,500 in March 2018, which was around 14% 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	£252,610	14% below HPI
2003 28 MAR	£135,000	£148,982	9% 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 NEW STREET be worth now?

7 NEW STREET might now be worth an estimated £292,137.

This is based on house price inflation of 34.9%, between March 2018 and February 2025, for detached houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.9% inflationary increase is applied to the most recent sale price for 7 NEW STREET of £216,500 on 8th March 2018. For the value to have increased from £216,500 to £292,137 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 7 NEW STREET has moved in line with the HPI for detached houses in the Walsall local authority area.
• The March 2018 sale price of £216,500 represented a fair market value for the property.
• The size, condition, and specification of 7 NEW STREET has not materially changed since March 2018.

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 houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shelfield, and where 7 NEW STREET lies on this distribution: 50% of detached houses 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.