1, BASALT CLOSE, WALSALL, WS2 8XB - £140,000

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.

1 BASALT CLOSE is a very small semi-detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £212,398. It was last sold for £140,000 in July 2016, which was around 4% below the average July 2016 semi-detached price in the Walsall local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

1 BASALT CLOSE Sold Prices

Land registry data shows two sales for 1 BASALT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Walsall local authority area for the corresponding sale date. One of the two 1 BASALT CLOSE 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
2016 22 JUL	£140,000	£145,579	4% below HPI
1997 29 MAY	£60,000	£46,283	30% above HPI

1 BASALT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Walsall local authority area over time, sourced from the HPI. The two 1 BASALT CLOSE sales from May 1997 and July 2016 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 May 1997 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1 BASALT CLOSE be worth now?

1 BASALT CLOSE might now be worth an estimated £212,398.

This is based on house price inflation of 51.7%, between July 2016 and February 2025, for semi-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 51.7% inflationary increase is applied to the most recent sale price for 1 BASALT CLOSE of £140,000 on 22nd July 2016. For the value to have increased from £140,000 to £212,398 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 1 BASALT CLOSE has moved in line with the HPI for semi-detached houses in the Walsall local authority area.
• The July 2016 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BASALT CLOSE has not materially changed since July 2016.

How Large is 1 BASALT CLOSE?

1 BASALT CLOSE is 71m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of semi-detached houses houses in Walsall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Walsall, and where 1 BASALT CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 1 BASALT CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Walsall.

1 BASALT CLOSE: Plot and Title Map

1 BASALT CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 1 BASALT CLOSE, 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 1 BASALT CLOSE). 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 1 BASALT CLOSE?

1 BASALT CLOSE is located in WALSALL, in the WS2 postcode district. The below map shows the position of No. 1 on BASALT CLOSE.