4, PENNYROYAL CLOSE, WALSALL, WS5 4SJ - £73,500

4 PENNYROYAL CLOSE is a very small extended detached house of 60m², built sometime between 1996 and 2002. It was last sold for £73,500 in June 2000, which was around 10% below the average June 2000 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was B.

4 PENNYROYAL CLOSE Sold Prices

Land registry data shows two sales for 4 PENNYROYAL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 4 PENNYROYAL 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
2000 16 JUN	£73,500	£81,367	10% below HPI
1996 23 DEC	£65,300	£70,602	8% below HPI

4 PENNYROYAL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 4 PENNYROYAL CLOSE sales from December 1996 and June 2000 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 1996 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2000 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 4 PENNYROYAL CLOSE?

4 PENNYROYAL CLOSE is 60m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 4 PENNYROYAL CLOSE lies on this distribution: 2% of detached houses are smaller than 4 PENNYROYAL CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

4 PENNYROYAL CLOSE: Plot and Title Map

4 PENNYROYAL CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 4 PENNYROYAL 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 PENNYROYAL 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 PENNYROYAL CLOSE?

4 PENNYROYAL CLOSE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 4 on PENNYROYAL CLOSE.