3, DRAYMAN CLOSE, WALSALL, WS1 3JR - £187,000

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.

3 DRAYMAN CLOSE is a midsized terraced house of 131m², built sometime between 1996 and 2002, which could now be worth an estimated £317,355. It was last sold for £187,000 in July 2015, which was around 71% above the average July 2015 terraced price in the Walsall local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

3 DRAYMAN CLOSE Sold Prices

Land registry data shows three sales for 3 DRAYMAN 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 3 DRAYMAN 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
2015 24 JUL	£187,000	£109,550	71% above HPI
2003 20 FEB	£169,950	£66,824	154% above HPI
2001 28 SEP	£134,995	£50,340	168% above HPI

3 DRAYMAN 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 3 DRAYMAN CLOSE sales between September 2001 and July 2015 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 February 2003 sale was for 154% above the HPI. So the extrapolation line tracks at 154% above the HPI over time, until the July 2015 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 3 DRAYMAN CLOSE be worth now?

3 DRAYMAN CLOSE might now be worth an estimated £317,355.

This is based on house price inflation of 69.7%, between July 2015 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 69.7% inflationary increase is applied to the most recent sale price for 3 DRAYMAN CLOSE of £187,000 on 24th July 2015. For the value to have increased from £187,000 to £317,355 over the ten years and one month to June 2025, the following assumptions must hold true:

• The value of 3 DRAYMAN CLOSE has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The July 2015 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DRAYMAN CLOSE has not materially changed since July 2015.

How Large is 3 DRAYMAN CLOSE?

3 DRAYMAN CLOSE is 131m² according to the EPC inspection conducted in January 2014. This puts it in the largest 50% 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 3 DRAYMAN CLOSE lies on this distribution: 53% of terraced houses houses are smaller than 3 DRAYMAN CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Walsall.

3 DRAYMAN CLOSE: Plot and Title Map

3 DRAYMAN CLOSE sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 3 DRAYMAN 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 3 DRAYMAN 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 3 DRAYMAN CLOSE?

3 DRAYMAN CLOSE is located in WALSALL, in the WS1 postcode district. The below map shows the position of No. 3 on DRAYMAN CLOSE.