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 WESTMINSTER ROAD is a very large detached house of 130m², built sometime between 1950 and 1966. It was last sold for £250,000 in May 2018, which was around 5% below the average May 2018 detached price in the Walsall local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 7 WESTMINSTER 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 WESTMINSTER 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 22 MAY | £250,000 | £263,026 | 5% below HPI |
2015 19 MAR | £142,000 | £215,118 | 34% 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 WESTMINSTER ROAD sales from March 2015 and May 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 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
7 WESTMINSTER ROAD is 130m² according to the EPC inspection conducted in November 2015. This puts it in the largest 20% of detached houses in Rushall, based on EPC data. The below chart shows the distribution of detached houses by size in Rushall, and where 7 WESTMINSTER ROAD lies on this distribution: 82% of detached houses are smaller than 7 WESTMINSTER ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Rushall.
7 WESTMINSTER ROAD sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 7 WESTMINSTER 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 WESTMINSTER 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 WESTMINSTER ROAD is located in WALSALL, in the WS4 postcode district. The below map shows the position of No. 7 on WESTMINSTER ROAD.