3, MILLENNIUM CLOSE, WALSALL, WS3 4PL - £104,000

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 MILLENNIUM CLOSE is a very small terraced house of 47m², built sometime between 1991 and 1995, which could now be worth an estimated £177,712. It was last sold for £104,000 in September 2015, which was around 6% below the average September 2015 terraced price in the Walsall local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

3 MILLENNIUM CLOSE Sold Prices

Land registry data shows four sales for 3 MILLENNIUM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Walsall local authority area for the corresponding sale date. Most of the four 3 MILLENNIUM 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 SEP	£104,000	£110,855	6% below HPI
2001 27 APR	£57,000	£47,693	20% above HPI
1997 27 JAN	£44,950	£37,220	21% above HPI
1996 25 MAR	£43,950	£34,841	26% above HPI

3 MILLENNIUM 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 four 3 MILLENNIUM CLOSE sales between March 1996 and September 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 April 2001 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 MILLENNIUM CLOSE be worth now?

3 MILLENNIUM CLOSE might now be worth an estimated £177,712.

This is based on house price inflation of 70.9%, between September 2015 and April 2026, 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 70.9% inflationary increase is applied to the most recent sale price for 3 MILLENNIUM CLOSE of £104,000 on 24th September 2015. For the value to have increased from £104,000 to £177,712 over the eleven years and five months to April 2026, the following assumptions must hold true:

• The value of 3 MILLENNIUM CLOSE has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The September 2015 sale price of £104,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILLENNIUM CLOSE has not materially changed since September 2015.

How Large is 3 MILLENNIUM CLOSE?

3 MILLENNIUM CLOSE is 47m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of terraced houses houses in Pelsall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Pelsall, and where 3 MILLENNIUM CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 3 MILLENNIUM CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Pelsall.

3 MILLENNIUM CLOSE: Plot and Title Map

3 MILLENNIUM CLOSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 3 MILLENNIUM 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 MILLENNIUM 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 MILLENNIUM CLOSE?

3 MILLENNIUM CLOSE is located in WALSALL, in the WS3 postcode district. The below map shows the position of No. 3 on MILLENNIUM CLOSE.