4, DERWENT CLOSE, WILLENHALL, WV13 1JP - £106,000

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 DERWENT CLOSE is a very small semi-detached house of 49m², built sometime between 1991 and 1995, which could now be worth an estimated £197,980. It was last sold for £106,000 in August 2012, which was around 13% below the average August 2012 semi-detached price in the Walsall local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

4 DERWENT CLOSE Sold Prices

Land registry data shows four sales for 4 DERWENT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Walsall local authority area for the corresponding sale date. All of the four 4 DERWENT 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
2012 3 AUG	£106,000	£122,504	13% below HPI
2007 30 MAR	£109,000	£133,944	19% below HPI
2002 25 JAN	£57,500	£67,563	15% below HPI
1998 20 FEB	£43,000	£48,362	11% below HPI

4 DERWENT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Walsall local authority area over time, sourced from the HPI. The four 4 DERWENT CLOSE sales between February 1998 and August 2012 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 March 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2012 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4 DERWENT CLOSE be worth now?

4 DERWENT CLOSE might now be worth an estimated £197,980.

This is based on house price inflation of 86.8%, between August 2012 and May 2026, for semi-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 86.8% inflationary increase is applied to the most recent sale price for 4 DERWENT CLOSE of £106,000 on 3rd August 2012. For the value to have increased from £106,000 to £197,980 over the fourteen years and three months to May 2026, the following assumptions must hold true:

• The value of 4 DERWENT CLOSE has moved in line with the HPI for semi-detached houses in the Walsall local authority area.
• The August 2012 sale price of £106,000 represented a fair market value for the property.
• The size, condition, and specification of 4 DERWENT CLOSE has not materially changed since August 2012.

How Large is 4 DERWENT CLOSE?

4 DERWENT CLOSE is 49m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of semi-detached houses houses in Willenhall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Willenhall, and where 4 DERWENT CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 4 DERWENT CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

4 DERWENT CLOSE: Plot and Title Map

4 DERWENT CLOSE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 4 DERWENT 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 DERWENT 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 DERWENT CLOSE?

4 DERWENT CLOSE is located in WILLENHALL, in the WV13 postcode district. The below map shows the position of No. 4 on DERWENT CLOSE.