2, ELIZABETH ROAD, WALSALL, WS5 3PF - £225,000

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.

2 ELIZABETH ROAD is a very large extended detached house of 186m², built sometime between 1950 and 1966, which could now be worth an estimated £402,567. It was last sold for £225,000 in March 2009, which was around 17% above the average March 2009 detached price in the Walsall local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

2 ELIZABETH ROAD Sold Prices

Land registry data shows two sales for 2 ELIZABETH ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Both of the two 2 ELIZABETH ROAD 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
2009 27 MAR	£225,000	£192,371	17% above HPI
2005 12 DEC	£253,500	£200,581	26% above HPI

2 ELIZABETH ROAD 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 two 2 ELIZABETH ROAD sales from December 2005 and March 2009 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 December 2005 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2009 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 2 ELIZABETH ROAD be worth now?

2 ELIZABETH ROAD might now be worth an estimated £402,567.

This is based on house price inflation of 78.9%, between March 2009 and March 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 78.9% inflationary increase is applied to the most recent sale price for 2 ELIZABETH ROAD of £225,000 on 27th March 2009. For the value to have increased from £225,000 to £402,567 over the sixteen years to March 2025, the following assumptions must hold true:

• The value of 2 ELIZABETH ROAD has moved in line with the HPI for detached houses in the Walsall local authority area.
• The March 2009 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELIZABETH ROAD has not materially changed since March 2009.

How Large is 2 ELIZABETH ROAD?

2 ELIZABETH ROAD is 186m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 20% 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 2 ELIZABETH ROAD lies on this distribution: 84% of detached houses houses are smaller than 2 ELIZABETH ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Walsall.

2 ELIZABETH ROAD: Plot and Title Map

2 ELIZABETH ROAD sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 2 ELIZABETH 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 2 ELIZABETH 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 2 ELIZABETH ROAD?

2 ELIZABETH ROAD is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 2 on ELIZABETH ROAD.