2, TARN CLOSE, WILLENHALL, WV13 3AQ - £190,000

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 TARN CLOSE is a small detached house of 92m², built in 2015, which could now be worth an estimated £258,017. It was last sold for £190,000 in May 2019, which was around 27% below the average May 2019 detached price in the Walsall local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was A.

2 TARN CLOSE Sold Prices

Land registry data shows two sales for 2 TARN 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 TARN 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
2019 17 MAY	£190,000	£259,650	27% below HPI
2016 30 SEP	£195,000	£231,046	16% below HPI

2 TARN 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 TARN CLOSE sales from September 2016 and May 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 September 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2 TARN CLOSE be worth now?

2 TARN CLOSE might now be worth an estimated £258,017.

This is based on house price inflation of 35.8%, between May 2019 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 35.8% inflationary increase is applied to the most recent sale price for 2 TARN CLOSE of £190,000 on 17th May 2019. For the value to have increased from £190,000 to £258,017 over the seven years to May 2026, the following assumptions must hold true:

• The value of 2 TARN CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The May 2019 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TARN CLOSE has not materially changed since May 2019.

How Large is 2 TARN CLOSE?

2 TARN CLOSE is 92m² according to the EPC inspection conducted in May 2015. 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 2 TARN CLOSE lies on this distribution: 38% of detached houses houses are smaller than 2 TARN CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

2 TARN CLOSE: Plot and Title Map

2 TARN CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 2 TARN 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 TARN 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 TARN CLOSE?

2 TARN CLOSE is located in WILLENHALL, in the WV13 postcode district. The below map shows the position of No. 2 on TARN CLOSE.