3, SPINDLE TREE RISE, WILLENHALL, WV12 4BP - £175,000

3 SPINDLE TREE RISE is a midsized detached house of 97m², built sometime from 2007 onwards. It was last sold for £175,000 in November 2008, which was around 17% below the average November 2008 detached price in the Walsall local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was B.

3 SPINDLE TREE RISE Sold Prices

Land registry data shows two sales for 3 SPINDLE TREE RISE 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 3 SPINDLE TREE RISE 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
2008 14 NOV	£175,000	£212,042	17% below HPI
2006 15 DEC	£190,000	£220,809	14% below HPI

3 SPINDLE TREE RISE 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 3 SPINDLE TREE RISE sales from December 2006 and November 2008 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 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2008 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 SPINDLE TREE RISE?

3 SPINDLE TREE RISE is 97m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% of detached houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Willenhall, and where 3 SPINDLE TREE RISE lies on this distribution: 42% of detached houses are smaller than 3 SPINDLE TREE RISE, and 58% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

3 SPINDLE TREE RISE: Plot and Title Map

3 SPINDLE TREE RISE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 3 SPINDLE TREE RISE, 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 SPINDLE TREE RISE). 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 SPINDLE TREE RISE?

3 SPINDLE TREE RISE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 3 on SPINDLE TREE RISE.