12, SOUTHMEAD WAY, WALSALL, WS2 8JD - £165,000

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.

12 SOUTHMEAD WAY is a very small semi-detached house of 75m², built sometime between 2003 and 2006, which could now be worth an estimated £213,845. It was last sold for £165,000 in July 2020, which was around 5% below the average July 2020 semi-detached price in the Walsall local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

12 SOUTHMEAD WAY Sold Prices

Land registry data shows two sales for 12 SOUTHMEAD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Walsall local authority area for the corresponding sale date. One of the two 12 SOUTHMEAD WAY sales was for below the average price, whilst the other 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
2020 26 JUL	£165,000	£174,387	5% below HPI
2006 8 SEP	£146,000	£132,803	10% above HPI

12 SOUTHMEAD WAY 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 two 12 SOUTHMEAD WAY sales from September 2006 and July 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 September 2006 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 12 SOUTHMEAD WAY be worth now?

12 SOUTHMEAD WAY might now be worth an estimated £213,845.

This is based on house price inflation of 29.6%, between July 2020 and June 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 29.6% inflationary increase is applied to the most recent sale price for 12 SOUTHMEAD WAY of £165,000 on 26th July 2020. For the value to have increased from £165,000 to £213,845 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 12 SOUTHMEAD WAY has moved in line with the HPI for semi-detached houses in the Walsall local authority area.
• The July 2020 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SOUTHMEAD WAY has not materially changed since July 2020.

How Large is 12 SOUTHMEAD WAY?

12 SOUTHMEAD WAY is 75m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of semi-detached houses houses in Walsall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Walsall, and where 12 SOUTHMEAD WAY lies on this distribution: 5% of semi-detached houses houses are smaller than 12 SOUTHMEAD WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Walsall.

12 SOUTHMEAD WAY: Plot and Title Map

12 SOUTHMEAD WAY sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 12 SOUTHMEAD 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 12 SOUTHMEAD 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 12 SOUTHMEAD WAY?

12 SOUTHMEAD WAY is located in WALSALL, in the WS2 postcode district. The below map shows the position of No. 12 on SOUTHMEAD WAY.