38, WESTMINSTER ROAD, WALSALL, WS4 1NJ - £156,250

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.

38 WESTMINSTER ROAD is a very large extended terraced house of 147m², built sometime between 1950 and 1966, which could now be worth an estimated £261,057. It was last sold for £156,250 in October 2015, which was around 40% above the average October 2015 terraced price in the Walsall local authority area. The most recent EPC inspection was March 2016, where the current energy rating was F, and the potential energy rating was C.

38 WESTMINSTER ROAD Sold Prices

Land registry data shows four sales for 38 WESTMINSTER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Walsall local authority area for the corresponding sale date. All of the four 38 WESTMINSTER 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
2015 16 OCT	£156,250	£111,276	40% above HPI
2009 9 MAR	£157,375	£100,540	57% above HPI
2006 1 JUN	£126,500	£110,482	14% above HPI
1999 30 JUN	£49,000	£39,455	24% above HPI

38 WESTMINSTER ROAD 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 four 38 WESTMINSTER ROAD sales between June 1999 and October 2015 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 March 2009 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the October 2015 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 38 WESTMINSTER ROAD be worth now?

38 WESTMINSTER ROAD might now be worth an estimated £261,057.

This is based on house price inflation of 67.1%, between October 2015 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 67.1% inflationary increase is applied to the most recent sale price for 38 WESTMINSTER ROAD of £156,250 on 16th October 2015. For the value to have increased from £156,250 to £261,057 over the ten years and four months to June 2025, the following assumptions must hold true:

• The value of 38 WESTMINSTER ROAD has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The October 2015 sale price of £156,250 represented a fair market value for the property.
• The size, condition, and specification of 38 WESTMINSTER ROAD has not materially changed since October 2015.

How Large is 38 WESTMINSTER ROAD?

38 WESTMINSTER ROAD is 147m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 20% of terraced houses houses in Rushall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rushall, and where 38 WESTMINSTER ROAD lies on this distribution: 89% of terraced houses houses are smaller than 38 WESTMINSTER ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Rushall.

38 WESTMINSTER ROAD: Plot and Title Map

38 WESTMINSTER ROAD sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 38 WESTMINSTER 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 38 WESTMINSTER 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 38 WESTMINSTER ROAD?

38 WESTMINSTER ROAD is located in WALSALL, in the WS4 postcode district. The below map shows the position of No. 38 on WESTMINSTER ROAD.