15, MILESTONE WAY, WILLENHALL, WV12 5YA - £205,000

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 MILESTONE WAY is a very small extended terraced house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £226,119. It was last sold for £205,000 in June 2022, which was around 22% above the average June 2022 terraced price in the Walsall local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

15 MILESTONE WAY Sold Prices

Land registry data shows two sales for 15 MILESTONE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Walsall local authority area for the corresponding sale date. Both of the two 15 MILESTONE WAY sales were 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 28 JUN	£205,000	£168,552	22% above HPI
2008 10 OCT	£136,000	£109,272	24% above HPI

15 MILESTONE WAY 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 two 15 MILESTONE WAY sales from October 2008 and June 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 October 2008 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2022 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 15 MILESTONE WAY be worth now?

15 MILESTONE WAY might now be worth an estimated £226,119.

This is based on house price inflation of 10.3%, between June 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 10.3% inflationary increase is applied to the most recent sale price for 15 MILESTONE WAY of £205,000 on 28th June 2022. For the value to have increased from £205,000 to £226,119 over the three years to June 2025, the following assumptions must hold true:

• The value of 15 MILESTONE WAY has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The June 2022 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MILESTONE WAY has not materially changed since June 2022.

How Large is 15 MILESTONE WAY?

15 MILESTONE WAY is 66m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% of terraced houses houses in Willenhall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Willenhall, and where 15 MILESTONE WAY lies on this distribution: 7% of terraced houses houses are smaller than 15 MILESTONE WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

15 MILESTONE WAY: Plot and Title Map

15 MILESTONE WAY sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 15 MILESTONE 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 15 MILESTONE 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 15 MILESTONE WAY?

15 MILESTONE WAY is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 15 on MILESTONE WAY.