MARFORD, 2A, WHARWELL LANE, WALSALL, WS6 6ET - £255,000

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

MARFORD is a small detached house of 97m², built sometime between 1976 and 1982. It was last sold for £255,000 in August 2020, which was around 24% below the average August 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

MARFORD Sold Prices

Land registry data shows two sales for MARFORD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two MARFORD 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
2020 14 AUG	£255,000	£335,742	24% below HPI
2015 13 MAR	£145,000	£264,045	45% below HPI

MARFORD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two MARFORD sales from March 2015 and August 2020 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 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is MARFORD?

MARFORD is 97m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Great Wyrley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Wyrley, and where MARFORD lies on this distribution: 39% of detached houses are smaller than MARFORD, and 61% of houses are larger. Note that EPC data is not available for all properties in Great Wyrley.

MARFORD: Plot and Title Map

MARFORD sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of MARFORD, 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 MARFORD). 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 MARFORD?

MARFORD is located on WHARWELL LANE in WALSALL, in the WS6 postcode district. The below map shows the position of MARFORD on WHARWELL LANE.