74, NEW STREET, SHELFIELD, WALSALL, WS4 1QF - £155,000

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.

74 NEW STREET is a small extended terraced house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £201,076. It was last sold for £155,000 in November 2020, which was around 7% above the average November 2020 terraced price in the Walsall local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

74 NEW STREET Sold Prices

Land registry data shows three sales for 74 NEW STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Walsall local authority area for the corresponding sale date. Two of the three 74 NEW STREET sales were for above the average price, whilst one was 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
2020 20 NOV	£155,000	£145,374	7% above HPI
2005 2 AUG	£99,000	£106,049	7% below HPI
1998 10 JUL	£46,000	£39,046	18% above HPI

74 NEW STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Walsall local authority area over time, sourced from the HPI. The three 74 NEW STREET sales between July 1998 and November 2020 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2020 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 74 NEW STREET be worth now?

74 NEW STREET might now be worth an estimated £201,076.

This is based on house price inflation of 29.7%, between November 2020 and May 2026, for terraced 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 29.7% inflationary increase is applied to the most recent sale price for 74 NEW STREET of £155,000 on 20th November 2020. For the value to have increased from £155,000 to £201,076 over the six years and six months to May 2026, the following assumptions must hold true:

• The value of 74 NEW STREET has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The November 2020 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 74 NEW STREET has not materially changed since November 2020.

How Large is 74 NEW STREET?

74 NEW STREET is 90m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of terraced houses houses in Shelfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Shelfield, and where 74 NEW STREET lies on this distribution: 25% of terraced houses houses are smaller than 74 NEW STREET, and 74% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

74 NEW STREET: Plot and Title Map

74 NEW STREET sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 74 NEW STREET, 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 74 NEW STREET). 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 74 NEW STREET?

74 NEW STREET is located in SHELFIELD, in the WS4 postcode district. The below map shows the position of No. 74 on NEW STREET.