5, MARCH WAY, WALSALL, WS9 8SG - £178,000

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.

5 MARCH WAY is a midsized extended terraced house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £304,245. It was last sold for £178,000 in October 2014, which was around 61% above the average October 2014 terraced price in the Walsall local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

5 MARCH WAY Sold Prices

Land registry data shows three sales for 5 MARCH WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Walsall local authority area for the corresponding sale date. All of the three 5 MARCH WAY 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
2014 3 OCT	£178,000	£110,335	61% above HPI
2004 15 OCT	£164,950	£96,888	70% above HPI
1998 23 OCT	£83,000	£38,788	114% above HPI

5 MARCH WAY 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 three 5 MARCH WAY sales between October 1998 and October 2014 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 October 2004 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the October 2014 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 5 MARCH WAY be worth now?

5 MARCH WAY might now be worth an estimated £304,245.

This is based on house price inflation of 70.9%, between October 2014 and May 2026, 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 70.9% inflationary increase is applied to the most recent sale price for 5 MARCH WAY of £178,000 on 3rd October 2014. For the value to have increased from £178,000 to £304,245 over the twelve years and five months to May 2026, the following assumptions must hold true:

• The value of 5 MARCH WAY has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The October 2014 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MARCH WAY has not materially changed since October 2014.

How Large is 5 MARCH WAY?

5 MARCH WAY is 105m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of terraced houses houses in Aldridge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Aldridge, and where 5 MARCH WAY lies on this distribution: 40% of terraced houses houses are smaller than 5 MARCH WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Aldridge.

5 MARCH WAY: Plot and Title Map

5 MARCH WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 5 MARCH 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 5 MARCH 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 5 MARCH WAY?

5 MARCH WAY is located in WALSALL, in the WS9 postcode district. The below map shows the position of No. 5 on MARCH WAY.