7, GORSEY WAY, WALSALL, WS9 0EQ - £223,000

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.

7 GORSEY WAY is a small extended detached house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £310,410. It was last sold for £223,000 in September 2017, which was around 12% below the average September 2017 detached price in the Walsall local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

7 GORSEY WAY Sold Prices

Land registry data shows two sales for 7 GORSEY 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 7 GORSEY 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
2017 28 SEP	£223,000	£252,373	12% below HPI
2016 13 DEC	£216,500	£238,239	9% below HPI

7 GORSEY 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 7 GORSEY WAY sales from December 2016 and September 2017 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 December 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2017 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 7 GORSEY WAY be worth now?

7 GORSEY WAY might now be worth an estimated £310,410.

This is based on house price inflation of 39.2%, between September 2017 and June 2025, for detached 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 39.2% inflationary increase is applied to the most recent sale price for 7 GORSEY WAY of £223,000 on 28th September 2017. For the value to have increased from £223,000 to £310,410 over the eight years and three months to June 2025, the following assumptions must hold true:

• The value of 7 GORSEY WAY has moved in line with the HPI for detached houses in the Walsall local authority area.
• The September 2017 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GORSEY WAY has not materially changed since September 2017.

How Large is 7 GORSEY WAY?

7 GORSEY WAY is 97m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses houses in Aldridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aldridge, and where 7 GORSEY WAY lies on this distribution: 33% of detached houses houses are smaller than 7 GORSEY WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Aldridge.

7 GORSEY WAY: Plot and Title Map

7 GORSEY WAY sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 7 GORSEY 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 7 GORSEY 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 7 GORSEY WAY?

7 GORSEY WAY is located in WALSALL, in the WS9 postcode district. The below map shows the position of No. 7 on GORSEY WAY.