5, MERANTI CLOSE, WILLENHALL, WV12 5YD - £315,000

5 MERANTI CLOSE is a very large extended detached house of 131m², built sometime between 1983 and 1990. It was last sold for £315,000 in March 2020, which was around 16% above the average March 2020 detached price in the Walsall local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

5 MERANTI CLOSE Sold Prices

Land registry data shows two sales for 5 MERANTI 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 Walsall local authority area for the corresponding sale date. Both of the two 5 MERANTI 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
2020 16 MAR	£315,000	£272,412	16% above HPI
2014 27 FEB	£225,000	£211,101	7% above HPI

5 MERANTI CLOSE 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 5 MERANTI CLOSE sales from February 2014 and March 2020 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 February 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2020 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 5 MERANTI CLOSE?

5 MERANTI CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 20% of detached houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Willenhall, and where 5 MERANTI CLOSE lies on this distribution: 81% of detached houses are smaller than 5 MERANTI CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

5 MERANTI CLOSE: Plot and Title Map

5 MERANTI CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 5 MERANTI 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 5 MERANTI 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 5 MERANTI CLOSE?

5 MERANTI CLOSE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 5 on MERANTI CLOSE.