16, BASALT CLOSE, WALSALL, WS2 8XB - £82,000

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.

16 BASALT CLOSE is a very small terraced house of 62m², built sometime between 1991 and 1995, which could now be worth an estimated £216,704. It was last sold for £82,000 in May 2003, which was around 17% above the average May 2003 terraced price in the Walsall local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

16 BASALT CLOSE Sold Prices

Land registry data shows three sales for 16 BASALT CLOSE 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. All of the three 16 BASALT 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
2003 2 MAY	£82,000	£70,350	17% above HPI
1999 9 JUL	£54,000	£40,076	35% above HPI
1996 20 DEC	£52,000	£37,338	39% above HPI

16 BASALT 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 three 16 BASALT CLOSE sales between December 1996 and May 2003 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 July 1999 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the May 2003 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 16 BASALT CLOSE be worth now?

16 BASALT CLOSE might now be worth an estimated £216,704.

This is based on house price inflation of 164.3%, between May 2003 and June 2025, 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 164.3% inflationary increase is applied to the most recent sale price for 16 BASALT CLOSE of £82,000 on 2nd May 2003. For the value to have increased from £82,000 to £216,704 over the 21 years and eleven months to June 2025, the following assumptions must hold true:

• The value of 16 BASALT CLOSE has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The May 2003 sale price of £82,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BASALT CLOSE has not materially changed since May 2003.

How Large is 16 BASALT CLOSE?

16 BASALT CLOSE is 62m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of terraced houses houses in Walsall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Walsall, and where 16 BASALT CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 16 BASALT CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Walsall.

16 BASALT CLOSE: Plot and Title Map

16 BASALT CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 16 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 16 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 16 BASALT CLOSE?

16 BASALT CLOSE is located in WALSALL, in the WS2 postcode district. The below map shows the position of No. 16 on BASALT CLOSE.