6, THE SPINDLES, GREAT WYRLEY, WALSALL, WS6 6GD - £278,000

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.

6 THE SPINDLES is a midsized semi-detached house of 108m², built sometime between 2003 and 2006, which could now be worth an estimated £310,102. It was last sold for £278,000 in June 2022, which was around 16% above the average June 2022 semi-detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

6 THE SPINDLES Sold Prices

Land registry data shows three sales for 6 THE SPINDLES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 6 THE SPINDLES 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
2022 30 JUN	£278,000	£240,228	16% above HPI
2016 22 JAN	£194,000	£171,527	13% above HPI
2006 28 APR	£190,950	£152,412	25% above HPI

6 THE SPINDLES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 6 THE SPINDLES sales between April 2006 and June 2022 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 January 2016 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 6 THE SPINDLES be worth now?

6 THE SPINDLES might now be worth an estimated £310,102.

This is based on house price inflation of 11.5%, between June 2022 and June 2025, for semi-detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.5% inflationary increase is applied to the most recent sale price for 6 THE SPINDLES of £278,000 on 30th June 2022. For the value to have increased from £278,000 to £310,102 over the three years to June 2025, the following assumptions must hold true:

• The value of 6 THE SPINDLES has moved in line with the HPI for semi-detached houses in the South Staffordshire local authority area.
• The June 2022 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE SPINDLES has not materially changed since June 2022.

How Large is 6 THE SPINDLES?

6 THE SPINDLES is 108m² according to the EPC inspection conducted in October 2015. This puts it in the largest 50% of semi-detached houses houses in Great Wyrley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Great Wyrley, and where 6 THE SPINDLES lies on this distribution: 54% of semi-detached houses houses are smaller than 6 THE SPINDLES, and 45% of houses are larger. Note that EPC data is not available for all properties in Great Wyrley.

6 THE SPINDLES: Plot and Title Map

6 THE SPINDLES sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 6 THE SPINDLES, 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 6 THE SPINDLES). 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 6 THE SPINDLES?

6 THE SPINDLES is located in GREAT WYRLEY, in the WS6 postcode district. The below map shows the position of No. 6 on THE SPINDLES.