13, THOMPSON CLOSE, WILLENHALL, WV13 1ST - £255,000

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.

13 THOMPSON CLOSE is a small detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £282,171. It was last sold for £255,000 in May 2022, which was around 20% below the average May 2022 detached price in the Walsall local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

13 THOMPSON CLOSE Sold Prices

Land registry data shows two sales for 13 THOMPSON CLOSE 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 13 THOMPSON CLOSE 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
2022 27 MAY	£255,000	£318,647	20% below HPI
2003 4 JUN	£127,500	£151,037	16% below HPI

13 THOMPSON CLOSE 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 13 THOMPSON CLOSE sales from June 2003 and May 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 June 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 13 THOMPSON CLOSE be worth now?

13 THOMPSON CLOSE might now be worth an estimated £282,171.

This is based on house price inflation of 10.7%, between May 2022 and May 2026, 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 10.7% inflationary increase is applied to the most recent sale price for 13 THOMPSON CLOSE of £255,000 on 27th May 2022. For the value to have increased from £255,000 to £282,171 over the four years to May 2026, the following assumptions must hold true:

• The value of 13 THOMPSON CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The May 2022 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 13 THOMPSON CLOSE has not materially changed since May 2022.

How Large is 13 THOMPSON CLOSE?

13 THOMPSON CLOSE is 92m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 40% of detached houses houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willenhall, and where 13 THOMPSON CLOSE lies on this distribution: 38% of detached houses houses are smaller than 13 THOMPSON CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

13 THOMPSON CLOSE: Plot and Title Map

13 THOMPSON CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 13 THOMPSON 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 13 THOMPSON 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 13 THOMPSON CLOSE?

13 THOMPSON CLOSE is located in WILLENHALL, in the WV13 postcode district. The below map shows the position of No. 13 on THOMPSON CLOSE.