5, OLD MILL HOUSE CLOSE, PELSALL, WALSALL, WS4 1BL - £199,000

5 OLD MILL HOUSE CLOSE is a very small extended detached house of 63m², built sometime between 2003 and 2006. It was last sold for £199,000 in July 2015, which was around 8% below the average July 2015 detached price in the Walsall local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

5 OLD MILL HOUSE CLOSE Sold Prices

Land registry data shows two sales for 5 OLD MILL HOUSE 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 OLD MILL HOUSE 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
2015 17 JUL	£199,000	£216,737	8% below HPI
2008 26 JUN	£208,000	£222,369	6% below HPI

5 OLD MILL HOUSE 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 OLD MILL HOUSE CLOSE sales from June 2008 and July 2015 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 June 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 5 OLD MILL HOUSE CLOSE?

5 OLD MILL HOUSE CLOSE is 63m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 5 OLD MILL HOUSE CLOSE lies on this distribution: 1% of detached houses are smaller than 5 OLD MILL HOUSE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

5 OLD MILL HOUSE CLOSE: Plot and Title Map

5 OLD MILL HOUSE CLOSE sits on a plot of roughly 1.6 acres, or 6,595m². The below map shows the location of 5 OLD MILL HOUSE 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 OLD MILL HOUSE 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 OLD MILL HOUSE CLOSE?

5 OLD MILL HOUSE CLOSE is located in PELSALL, in the WS4 postcode district. The below map shows the position of No. 5 on OLD MILL HOUSE CLOSE.