55, BROAD WAY, PELSALL, WALSALL, WS4 1AN - £185,000

55 BROAD WAY is a very small extended detached house of 84m², built sometime between 1950 and 1966. It was last sold for £185,000 in June 2010, which was around 10% below the average June 2010 detached price in the Walsall local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

55 BROAD WAY Sold Prices

Land registry data shows three sales for 55 BROAD 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 55 BROAD 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
2010 11 JUN	£185,000	£205,434	10% below HPI
2007 4 MAY	£198,000	£217,296	9% below HPI
2005 8 JUL	£178,000	£206,820	14% below HPI

55 BROAD 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 55 BROAD WAY sales between July 2005 and June 2010 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 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2010 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 55 BROAD WAY?

55 BROAD WAY is 84m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 55 BROAD WAY lies on this distribution: 14% of detached houses are smaller than 55 BROAD WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

55 BROAD WAY: Plot and Title Map

55 BROAD WAY sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 55 BROAD 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 55 BROAD 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 55 BROAD WAY?

55 BROAD WAY is located in PELSALL, in the WS4 postcode district. The below map shows the position of No. 55 on BROAD WAY.