78, BROADWAY WEST, WALSALL, WS1 4DZ - £130,000

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

78 BROADWAY WEST is a very small detached house of 90m², built sometime between 1930 and 1949. It was last sold for £130,000 in December 2023, which was around 63% below the average December 2023 detached price in the Walsall local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

78 BROADWAY WEST Sold Prices

Land registry data shows two sales for 78 BROADWAY WEST 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 78 BROADWAY WEST 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
2023 6 DEC	£130,000	£353,589	63% below HPI
2005 18 APR	£152,500	£198,211	23% below HPI

78 BROADWAY WEST 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 78 BROADWAY WEST sales from April 2005 and December 2023 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 April 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2023 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

How Large is 78 BROADWAY WEST?

78 BROADWAY WEST is 90m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 78 BROADWAY WEST lies on this distribution: 11% of detached houses are smaller than 78 BROADWAY WEST, and 88% of houses are larger. Note that EPC data is not available for all properties in Walsall.

78 BROADWAY WEST: Plot and Title Map

78 BROADWAY WEST sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 78 BROADWAY WEST, 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 78 BROADWAY WEST). 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 78 BROADWAY WEST?

78 BROADWAY WEST is located in WALSALL, in the WS1 postcode district. The below map shows the position of No. 78 on BROADWAY WEST.