15, SNOWDROP CLOSE, CLAYHANGER, WALSALL, WS8 7RN - £148,000

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.

15 SNOWDROP CLOSE is a very small terraced house of 61m², built sometime between 1996 and 2002, which could now be worth an estimated £199,719. It was last sold for £148,000 in November 2019, which was around 6% above the average November 2019 terraced price in the Walsall local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

15 SNOWDROP CLOSE Sold Prices

Land registry data shows five sales for 15 SNOWDROP CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Walsall local authority area for the corresponding sale date. All of the five 15 SNOWDROP CLOSE 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
2019 4 NOV	£148,000	£139,752	6% above HPI
2008 5 NOV	£127,950	£107,348	19% above HPI
2003 28 FEB	£86,500	£66,824	29% above HPI
2001 25 JAN	£61,500	£45,878	34% above HPI
1997 19 DEC	£51,950	£37,771	38% above HPI

15 SNOWDROP CLOSE 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 five 15 SNOWDROP CLOSE sales between December 1997 and November 2019 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 November 2008 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2019 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 15 SNOWDROP CLOSE be worth now?

15 SNOWDROP CLOSE might now be worth an estimated £199,719.

This is based on house price inflation of 34.9%, between November 2019 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 34.9% inflationary increase is applied to the most recent sale price for 15 SNOWDROP CLOSE of £148,000 on 4th November 2019. For the value to have increased from £148,000 to £199,719 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of 15 SNOWDROP CLOSE has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The November 2019 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SNOWDROP CLOSE has not materially changed since November 2019.

How Large is 15 SNOWDROP CLOSE?

15 SNOWDROP CLOSE is 61m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of terraced houses houses in Clayhanger, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Clayhanger, and where 15 SNOWDROP CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 15 SNOWDROP CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Clayhanger.

15 SNOWDROP CLOSE: Plot and Title Map

15 SNOWDROP CLOSE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 15 SNOWDROP 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 15 SNOWDROP 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 15 SNOWDROP CLOSE?

15 SNOWDROP CLOSE is located in CLAYHANGER, in the WS8 postcode district. The below map shows the position of No. 15 on SNOWDROP CLOSE.