2, LAKELOT CLOSE, WILLENHALL, WV12 4JX - £225,000

2 LAKELOT CLOSE is a small detached house of 89m². It was last sold for £225,000 in March 2021, which was around 24% below the average March 2021 detached price in the Walsall local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

2 LAKELOT CLOSE Sold Prices

Land registry data shows two sales for 2 LAKELOT 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 2 LAKELOT 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
2021 26 MAR	£225,000	£296,491	24% below HPI
2014 5 DEC	£183,995	£216,824	15% below HPI

2 LAKELOT 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 2 LAKELOT CLOSE sales from December 2014 and March 2021 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 December 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 LAKELOT CLOSE?

2 LAKELOT CLOSE is 89m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Willenhall, and where 2 LAKELOT CLOSE lies on this distribution: 32% of detached houses are smaller than 2 LAKELOT CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

2 LAKELOT CLOSE: Plot and Title Map

2 LAKELOT CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 2 LAKELOT 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 LAKELOT 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 LAKELOT CLOSE?

2 LAKELOT CLOSE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 2 on LAKELOT CLOSE.