18, NEW STREET, SHELFIELD, WALSALL, WS4 1QD - £125,000

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.

18 NEW STREET is a very small semi-detached house of 57m², built sometime between 1930 and 1949, which could now be worth an estimated £169,121. It was last sold for £125,000 in September 2019, which was around 25% below the average September 2019 semi-detached price in the Walsall local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

18 NEW STREET Sold Prices

Land registry data shows five sales for 18 NEW STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Walsall local authority area for the corresponding sale date. All of the five 18 NEW STREET 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
2019 13 SEP	£125,000	£165,619	25% below HPI
2013 22 NOV	£94,000	£125,673	25% below HPI
2006 1 JUN	£110,000	£132,198	17% below HPI
2000 17 JUL	£47,500	£56,569	16% below HPI
1995 10 MAR	£32,000	£43,707	27% below HPI

18 NEW STREET 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 five 18 NEW STREET sales between March 1995 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 November 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2019 sale, which was also at 25% below the HPI.

What might 18 NEW STREET be worth now?

18 NEW STREET might now be worth an estimated £169,121.

This is based on house price inflation of 35.3%, between September 2019 and March 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 35.3% inflationary increase is applied to the most recent sale price for 18 NEW STREET of £125,000 on 13th September 2019. For the value to have increased from £125,000 to £169,121 over the six years and six months to March 2025, the following assumptions must hold true:

• The value of 18 NEW STREET has moved in line with the HPI for semi-detached houses in the Walsall local authority area.
• The September 2019 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 18 NEW STREET has not materially changed since September 2019.

How Large is 18 NEW STREET?

18 NEW STREET is 57m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of semi-detached houses houses in Shelfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shelfield, and where 18 NEW STREET lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 18 NEW STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

18 NEW STREET: Plot and Title Map

18 NEW STREET sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 18 NEW STREET, 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 18 NEW STREET). 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 18 NEW STREET?

18 NEW STREET is located in SHELFIELD, in the WS4 postcode district. The below map shows the position of No. 18 on NEW STREET.