8, NEW WOOD GROVE, WALSALL, WS9 9HQ - £147,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 NEW WOOD GROVE is a very small semi-detached house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £170,492. It was last sold for £147,000 in October 2021, which was around 23% below the average October 2021 semi-detached price in the Walsall local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

8 NEW WOOD GROVE Sold Prices

Land registry data shows three sales for 8 NEW WOOD GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Walsall local authority area for the corresponding sale date. All of the three 8 NEW WOOD GROVE 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
2021 27 OCT	£147,000	£190,429	23% below HPI
2015 28 AUG	£59,750	£130,887	54% below HPI
1996 31 OCT	£23,500	£45,473	48% below HPI

8 NEW WOOD GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Walsall local authority area over time, sourced from the HPI. The three 8 NEW WOOD GROVE sales between October 1996 and October 2021 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 August 2015 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the October 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 8 NEW WOOD GROVE be worth now?

8 NEW WOOD GROVE might now be worth an estimated £170,492.

This is based on house price inflation of 16%, between October 2021 and February 2025, for semi-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 16% inflationary increase is applied to the most recent sale price for 8 NEW WOOD GROVE of £147,000 on 27th October 2021. For the value to have increased from £147,000 to £170,492 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 NEW WOOD GROVE has moved in line with the HPI for semi-detached houses in the Walsall local authority area.
• The October 2021 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NEW WOOD GROVE has not materially changed since October 2021.

How Large is 8 NEW WOOD GROVE?

8 NEW WOOD GROVE is 55m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of semi-detached houses houses in Brownhills, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Brownhills, and where 8 NEW WOOD GROVE lies on this distribution: 1% of semi-detached houses houses are smaller than 8 NEW WOOD GROVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Brownhills.

8 NEW WOOD GROVE: Plot and Title Map

8 NEW WOOD GROVE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 8 NEW WOOD GROVE, 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 8 NEW WOOD GROVE). 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 8 NEW WOOD GROVE?

8 NEW WOOD GROVE is located in WALSALL, in the WS9 postcode district. The below map shows the position of No. 8 on NEW WOOD GROVE.