15, ELDER ROAD, BILSTON, WV14 8QA - £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.

15 ELDER ROAD is a very small terraced house of 64m², which could now be worth an estimated £183,919. It was last sold for £165,000 in May 2022, which was around 1% below the average May 2022 terraced price in the Walsall local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

15 ELDER ROAD Sold Prices

Land registry data shows three sales for 15 ELDER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Walsall local authority area for the corresponding sale date. Two of the three 15 ELDER ROAD 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 27 MAY	£165,000	£166,792	1% below HPI
2021 19 FEB	£150,000	£150,835	1% below HPI
2018 22 JUN	£143,995	£131,958	9% above HPI

15 ELDER ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Walsall local authority area over time, sourced from the HPI. The three 15 ELDER ROAD sales between June 2018 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 February 2021 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2022 sale, which was also at 1% below the HPI.

What might 15 ELDER ROAD be worth now?

15 ELDER ROAD might now be worth an estimated £183,919.

This is based on house price inflation of 11.5%, between May 2022 and June 2025, for terraced 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 11.5% inflationary increase is applied to the most recent sale price for 15 ELDER ROAD of £165,000 on 27th May 2022. For the value to have increased from £165,000 to £183,919 over the two years and eleven months to June 2025, the following assumptions must hold true:

• The value of 15 ELDER ROAD has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The May 2022 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ELDER ROAD has not materially changed since May 2022.

How Large is 15 ELDER ROAD?

15 ELDER ROAD is 64m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of terraced houses houses in Bilston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bilston, and where 15 ELDER ROAD lies on this distribution: 3% of terraced houses houses are smaller than 15 ELDER ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Bilston.

15 ELDER ROAD: Plot and Title Map

15 ELDER ROAD sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 15 ELDER ROAD, 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 15 ELDER ROAD). 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 15 ELDER ROAD?

15 ELDER ROAD is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 15 on ELDER ROAD.