MERRION, BESCOT ROAD, WALSALL, WS2 9AD - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MERRION is a small extended detached house of 118m², built sometime between 1900 and 1929, which could now be worth an estimated £380,497. It was last sold for £295,000 in September 2019, which was around 12% above the average September 2019 detached price in the Walsall local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

MERRION Sold Prices

Land registry data shows three sales for MERRION 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. One of the three MERRION sales was for above the average price, whilst two 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
2019 12 SEP	£295,000	£264,272	12% above HPI
2017 17 MAR	£216,000	£233,910	8% below HPI
2017 28 FEB	£180,000	£235,339	24% below HPI

MERRION 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 MERRION sales between February 2017 and September 2019 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 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2019 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might MERRION be worth now?

MERRION might now be worth an estimated £380,497.

This is based on house price inflation of 29%, between September 2019 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 29% inflationary increase is applied to the most recent sale price for MERRION of £295,000 on 12th September 2019. For the value to have increased from £295,000 to £380,497 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of MERRION has moved in line with the HPI for detached houses in the Walsall local authority area.
• The September 2019 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of MERRION has not materially changed since September 2019.

How Large is MERRION?

MERRION is 118m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% of detached houses houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walsall, and where MERRION lies on this distribution: 38% of detached houses houses are smaller than MERRION, and 61% of houses are larger. Note that EPC data is not available for all properties in Walsall.

MERRION: Plot and Title Map

MERRION sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of MERRION, 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 MERRION). 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 MERRION?

MERRION is located on BESCOT ROAD in WALSALL, in the WS2 postcode district. The below map shows the position of MERRION on BESCOT ROAD.