9, SCHOLARS WALK, RUSHALL, WALSALL, WS4 1SW - £225,000

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.

9 SCHOLARS WALK is a small detached house of 88m², built sometime between 1991 and 1995, which could now be worth an estimated £240,687. It was last sold for £225,000 in May 2022, which was around 29% below the average May 2022 detached price in the Walsall local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

9 SCHOLARS WALK Sold Prices

Land registry data shows three sales for 9 SCHOLARS WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Two of the three 9 SCHOLARS WALK sales were for below the average price, whilst one was 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
2022 6 MAY	£225,000	£318,647	29% below HPI
2004 27 AUG	£156,500	£188,126	17% below HPI
2000 26 MAY	£99,500	£95,687	4% above HPI

9 SCHOLARS WALK 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 three 9 SCHOLARS WALK sales between May 2000 and May 2022 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 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 9 SCHOLARS WALK be worth now?

9 SCHOLARS WALK might now be worth an estimated £240,687.

This is based on house price inflation of 7%, between May 2022 and February 2025, for 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 7% inflationary increase is applied to the most recent sale price for 9 SCHOLARS WALK of £225,000 on 6th May 2022. For the value to have increased from £225,000 to £240,687 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 9 SCHOLARS WALK has moved in line with the HPI for detached houses in the Walsall local authority area.
• The May 2022 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SCHOLARS WALK has not materially changed since May 2022.

How Large is 9 SCHOLARS WALK?

9 SCHOLARS WALK is 88m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses houses in Rushall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rushall, and where 9 SCHOLARS WALK lies on this distribution: 25% of detached houses houses are smaller than 9 SCHOLARS WALK, and 72% of houses are larger. Note that EPC data is not available for all properties in Rushall.

9 SCHOLARS WALK: Plot and Title Map

9 SCHOLARS WALK sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 9 SCHOLARS WALK, 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 SCHOLARS WALK). 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 SCHOLARS WALK?

9 SCHOLARS WALK is located in RUSHALL, in the WS4 postcode district. The below map shows the position of No. 9 on SCHOLARS WALK.