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

61 BROAD WAY is a small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £185,000 in May 2014, which was around 12% below the average May 2014 detached price in the Walsall local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

61 BROAD WAY Sold Prices

Land registry data shows three sales for 61 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. Two of the three 61 BROAD WAY sales were for below the average price, whilst one was 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 16 MAY	£185,000	£210,691	12% below HPI
2003 12 AUG	£167,000	£163,758	2% above HPI
1998 18 DEC	£67,000	£86,614	23% below HPI

61 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 61 BROAD WAY sales between December 1998 and May 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 August 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 61 BROAD WAY?

61 BROAD WAY is 91m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 61 BROAD WAY lies on this distribution: 25% of detached houses are smaller than 61 BROAD WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

61 BROAD WAY: Plot and Title Map

61 BROAD WAY sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 61 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 61 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 61 BROAD WAY?

61 BROAD WAY is located in PELSALL, in the WS4 postcode district. The below map shows the position of No. 61 on BROAD WAY.