5, MILES MEADOW CLOSE, WILLENHALL, WV12 5YE - £190,000

5 MILES MEADOW CLOSE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £190,000 in July 2020, which was around 34% below the average July 2020 detached price in the Walsall local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

5 MILES MEADOW CLOSE Sold Prices

Land registry data shows three sales for 5 MILES MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the three 5 MILES MEADOW 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
2020 31 JUL	£190,000	£286,078	34% below HPI
2013 11 NOV	£131,000	£210,135	38% below HPI
2004 17 DEC	£153,000	£200,509	24% below HPI

5 MILES MEADOW 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 three 5 MILES MEADOW CLOSE sales between December 2004 and July 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 November 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2020 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 5 MILES MEADOW CLOSE?

5 MILES MEADOW CLOSE is 66m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% 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 MILES MEADOW CLOSE lies on this distribution: 7% of detached houses are smaller than 5 MILES MEADOW CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

5 MILES MEADOW CLOSE: Plot and Title Map

5 MILES MEADOW CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 5 MILES MEADOW 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 MILES MEADOW 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 MILES MEADOW CLOSE?

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