FLAT, 281, WALSALL ROAD, WEST BROMWICH, B71 3HR - £180,000

FLAT is a very small extended detached house of 72m², built sometime between 1930 and 1949. It was last sold for £180,000 in January 2007, which was around 7% below the average January 2007 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was D.

FLAT Sold Prices

Land registry data shows two sales for FLAT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. One of the two FLAT sales was for below the average price, whilst the other 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
2007 8 JAN	£180,000	£193,809	7% below HPI
1999 20 AUG	£80,000	£76,108	5% above HPI

FLAT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two FLAT sales from August 1999 and January 2007 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 1999 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2007 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is FLAT?

FLAT is 72m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where FLAT lies on this distribution: 7% of detached houses are smaller than FLAT, and 92% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

FLAT: Plot and Title Map

FLAT sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of FLAT, 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 FLAT). 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 FLAT?

FLAT, 281 WALSALL ROAD is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 281 on WALSALL ROAD.