7, RICHARD ROAD, WALSALL, WS5 3QW - £272,500

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 RICHARD ROAD is a very small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £272,500 in June 2011, which was around 36% above the average June 2011 detached price in the Walsall local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

7 RICHARD ROAD Sold Prices

Land registry data shows two sales for 7 RICHARD ROAD 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. One of the two 7 RICHARD ROAD sales was for above the average price, whilst the other was 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
2011 24 JUN	£272,500	£200,671	36% above HPI
2008 8 FEB	£222,000	£224,629	1% below HPI

7 RICHARD 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 two 7 RICHARD ROAD sales from February 2008 and June 2011 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 February 2008 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2011 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 7 RICHARD ROAD?

7 RICHARD ROAD is 86m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% 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 RICHARD ROAD lies on this distribution: 10% of detached houses are smaller than 7 RICHARD ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Walsall.

7 RICHARD ROAD: Plot and Title Map

7 RICHARD ROAD sits on a plot of roughly 0.176 of an acre, or 714m². The below map shows the location of 7 RICHARD 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 RICHARD 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 RICHARD ROAD?

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