20, FORMBY WAY, WALSALL, WS3 3TL - £230,000

20 FORMBY WAY is a small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £230,000 in January 2017, which was around 6% below the average January 2017 detached price in the Walsall local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

20 FORMBY WAY Sold Prices

Land registry data shows three sales for 20 FORMBY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the three 20 FORMBY WAY 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
2017 30 JAN	£230,000	£243,728	6% below HPI
2000 25 AUG	£95,000	£103,395	8% below HPI
1997 24 JAN	£78,000	£81,040	4% below HPI

20 FORMBY WAY 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 three 20 FORMBY WAY sales between January 1997 and January 2017 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 August 2000 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 20 FORMBY WAY?

20 FORMBY WAY is 82m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% of detached houses in Bloxwich, based on EPC data. The below chart shows the distribution of detached houses by size in Bloxwich, and where 20 FORMBY WAY lies on this distribution: 20% of detached houses are smaller than 20 FORMBY WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Bloxwich.

20 FORMBY WAY: Plot and Title Map

20 FORMBY WAY sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 20 FORMBY 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 20 FORMBY 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 20 FORMBY WAY?

20 FORMBY WAY is located in WALSALL, in the WS3 postcode district. The below map shows the position of No. 20 on FORMBY WAY.