9, GORSEY WAY, WALSALL, WS9 0EQ - £445,000

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

9 GORSEY WAY is a large extended detached house of 144m², built sometime between 1991 and 1995. It was last sold for £445,000 in March 2023, which was around 29% above the average March 2023 detached price in the Walsall local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

9 GORSEY WAY Sold Prices

Land registry data shows four sales for 9 GORSEY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Most of the four 9 GORSEY WAY sales were for above 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 31 MAR	£445,000	£344,089	29% above HPI
2006 23 OCT	£249,950	£218,900	14% above HPI
1998 23 JAN	£112,500	£84,430	33% above HPI
1996 22 JUL	£41,000	£79,558	48% below HPI

9 GORSEY WAY 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 four 9 GORSEY WAY sales between July 1996 and March 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 October 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2023 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 9 GORSEY WAY?

9 GORSEY WAY is 144m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 30% of detached houses in Aldridge, based on EPC data. The below chart shows the distribution of detached houses by size in Aldridge, and where 9 GORSEY WAY lies on this distribution: 75% of detached houses are smaller than 9 GORSEY WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Aldridge.

9 GORSEY WAY: Plot and Title Map

9 GORSEY WAY sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 9 GORSEY WAY, 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 9 GORSEY WAY). 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 9 GORSEY WAY?

9 GORSEY WAY is located in WALSALL, in the WS9 postcode district. The below map shows the position of No. 9 on GORSEY WAY.