4, BASALT CLOSE, WALSALL, WS2 8XB - £157,000

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.

4 BASALT CLOSE is a very small terraced house of 53m², built sometime between 1991 and 1995, which could now be worth an estimated £171,247. It was last sold for £157,000 in July 2022, which was around 8% below the average July 2022 terraced price in the Walsall local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

4 BASALT CLOSE Sold Prices

Land registry data shows three sales for 4 BASALT 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. One of the three 4 BASALT CLOSE sales was for below the average price, whilst two 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
2022 6 JUL	£157,000	£170,449	8% below HPI
2002 14 AUG	£63,000	£59,780	5% above HPI
1997 18 JUL	£47,500	£38,104	25% above HPI

4 BASALT 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 4 BASALT CLOSE sales between July 1997 and July 2022 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 August 2002 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 4 BASALT CLOSE be worth now?

4 BASALT CLOSE might now be worth an estimated £171,247.

This is based on house price inflation of 9.1%, between July 2022 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 9.1% inflationary increase is applied to the most recent sale price for 4 BASALT CLOSE of £157,000 on 6th July 2022. For the value to have increased from £157,000 to £171,247 over the three years and one month to June 2025, the following assumptions must hold true:

• The value of 4 BASALT CLOSE has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The July 2022 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BASALT CLOSE has not materially changed since July 2022.

How Large is 4 BASALT CLOSE?

4 BASALT CLOSE is 53m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% 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 4 BASALT CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 4 BASALT CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Walsall.

4 BASALT CLOSE: Plot and Title Map

4 BASALT CLOSE sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 4 BASALT 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 4 BASALT 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 4 BASALT CLOSE?

4 BASALT CLOSE is located in WALSALL, in the WS2 postcode district. The below map shows the position of No. 4 on BASALT CLOSE.