3, PIKE ROAD, WALSALL, WS2 7RH - £110,000

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.

3 PIKE ROAD is a very small semi-detached house of 55m², built sometime between 2003 and 2006, which could now be worth an estimated £210,647. It was last sold for £110,000 in June 2012, which was around 8% below the average June 2012 semi-detached price in the Walsall local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

3 PIKE ROAD Sold Prices

Land registry data shows two sales for 3 PIKE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Walsall local authority area for the corresponding sale date. One of the two 3 PIKE ROAD sales was for below the average price, whilst the other 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
2012 22 JUN	£110,000	£119,482	8% below HPI
1998 7 AUG	£49,250	£48,420	2% above HPI

3 PIKE ROAD 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 two 3 PIKE ROAD sales from August 1998 and June 2012 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 1998 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2012 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 3 PIKE ROAD be worth now?

3 PIKE ROAD might now be worth an estimated £210,647.

This is based on house price inflation of 91.5%, between June 2012 and May 2026, 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 91.5% inflationary increase is applied to the most recent sale price for 3 PIKE ROAD of £110,000 on 22nd June 2012. For the value to have increased from £110,000 to £210,647 over the fourteen years and one month to May 2026, the following assumptions must hold true:

• The value of 3 PIKE ROAD has moved in line with the HPI for semi-detached houses in the Walsall local authority area.
• The June 2012 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PIKE ROAD has not materially changed since June 2012.

How Large is 3 PIKE ROAD?

3 PIKE ROAD is 55m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of semi-detached houses houses in Bloxwich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bloxwich, and where 3 PIKE ROAD lies on this distribution: 1% of semi-detached houses houses are smaller than 3 PIKE ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Bloxwich.

3 PIKE ROAD: Plot and Title Map

3 PIKE ROAD sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 3 PIKE 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 3 PIKE 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 3 PIKE ROAD?

3 PIKE ROAD is located in WALSALL, in the WS2 postcode district. The below map shows the position of No. 3 on PIKE ROAD.