43, ROMNEY WAY, BIRMINGHAM, B43 7TL - £245,000

43 ROMNEY WAY is a midsized detached house of 94m², built sometime between 1930 and 1949. It was last sold for £245,000 in August 2020, which was around 15% below the average August 2020 detached price in the Walsall local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

43 ROMNEY WAY Sold Prices

Land registry data shows two sales for 43 ROMNEY WAY 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 43 ROMNEY 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
2020 7 AUG	£245,000	£286,594	15% below HPI
2015 1 MAY	£195,000	£216,195	10% below HPI

43 ROMNEY 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 two 43 ROMNEY WAY sales from May 2015 and August 2020 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 May 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 43 ROMNEY WAY?

43 ROMNEY WAY is 94m² according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses in Pheasey, based on EPC data. The below chart shows the distribution of detached houses by size in Pheasey, and where 43 ROMNEY WAY lies on this distribution: 52% of detached houses are smaller than 43 ROMNEY WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Pheasey.

43 ROMNEY WAY: Plot and Title Map

43 ROMNEY WAY sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 43 ROMNEY 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 43 ROMNEY 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 43 ROMNEY WAY?

43 ROMNEY WAY is located in BIRMINGHAM, in the B43 postcode district. The below map shows the position of No. 43 on ROMNEY WAY.