7, LAKE AVENUE, WALSALL, WS5 3PA - £780,000

7 LAKE AVENUE is a very large extended detached house of 285m², built sometime between 1967 and 1975. It was last sold for £780,000 in December 2022, which was around 116% above the average December 2022 detached price in the Walsall local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

7 LAKE AVENUE Sold Prices

Land registry data shows two sales for 7 LAKE AVENUE 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 LAKE AVENUE 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 8 DEC	£780,000	£361,764	116% above HPI
2005 12 AUG	£545,000	£210,204	159% above HPI

7 LAKE AVENUE 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 LAKE AVENUE sales from August 2005 and December 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 August 2005 sale was for 159% above the HPI. So the extrapolation line tracks at 159% above the HPI over time, until the December 2022 sale, where it falls to 116% above the HPI. The line then continues to track at 116% above the HPI.

How Large is 7 LAKE AVENUE?

7 LAKE AVENUE is 285m², which includes three extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 7 LAKE AVENUE lies on this distribution: 96% of detached houses are smaller than 7 LAKE AVENUE, and 4% of houses are larger. Note that EPC data is not available for all properties in Walsall.

7 LAKE AVENUE: Plot and Title Map

7 LAKE AVENUE sits on a plot of roughly 0.205 of an acre, or 828m². The below map shows the location of 7 LAKE AVENUE, 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 LAKE AVENUE). 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 LAKE AVENUE?

7 LAKE AVENUE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 7 on LAKE AVENUE.