2, HEDERA CLOSE, WALSALL, WS5 4SN - £98,000

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.

2 HEDERA CLOSE is a very small terraced house of 57m², built sometime between 2003 and 2006, which could now be worth an estimated £199,395. It was last sold for £98,000 in May 2005, which was around 7% above the average May 2005 terraced price in the Sandwell local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

2 HEDERA CLOSE Sold Prices

Land registry data shows three sales for 2 HEDERA 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 Sandwell local authority area for the corresponding sale date. All of the three 2 HEDERA 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
2005 27 MAY	£98,000	£91,933	7% above HPI
1997 17 NOV	£40,000	£34,471	16% above HPI
1997 3 OCT	£39,500	£35,187	12% above HPI

2 HEDERA CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sandwell local authority area over time, sourced from the HPI. The three 2 HEDERA CLOSE sales between October 1997 and May 2005 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 1997 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2005 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 2 HEDERA CLOSE be worth now?

2 HEDERA CLOSE might now be worth an estimated £199,395.

This is based on house price inflation of 103.5%, between May 2005 and June 2025, for terraced houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 103.5% inflationary increase is applied to the most recent sale price for 2 HEDERA CLOSE of £98,000 on 27th May 2005. For the value to have increased from £98,000 to £199,395 over the nineteen years and eleven months to June 2025, the following assumptions must hold true:

• The value of 2 HEDERA CLOSE has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The May 2005 sale price of £98,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HEDERA CLOSE has not materially changed since May 2005.

How Large is 2 HEDERA CLOSE?

2 HEDERA CLOSE is 57m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of terraced houses houses in West Bromwich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in West Bromwich, and where 2 HEDERA CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 2 HEDERA CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

2 HEDERA CLOSE: Plot and Title Map

2 HEDERA CLOSE sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 2 HEDERA 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 2 HEDERA 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 2 HEDERA CLOSE?

2 HEDERA CLOSE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 2 on HEDERA CLOSE.