50, BASALT CLOSE, WALSALL, WS2 8XB - £195,000

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.

50 BASALT CLOSE is a very small terraced house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £231,539. It was last sold for £195,000 in November 2021, which was around 25% above the average November 2021 terraced price in the Walsall local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

50 BASALT CLOSE Sold Prices

Land registry data shows five sales for 50 BASALT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Walsall local authority area for the corresponding sale date. All of the five 50 BASALT 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
2021 30 NOV	£195,000	£156,577	25% above HPI
2007 5 JAN	£137,000	£114,733	19% above HPI
2003 14 MAR	£91,000	£67,936	34% above HPI
2001 25 MAY	£69,000	£48,303	43% above HPI
1996 19 DEC	£59,950	£37,338	61% above HPI

50 BASALT CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Walsall local authority area over time, sourced from the HPI. The five 50 BASALT CLOSE sales between December 1996 and November 2021 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 January 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 50 BASALT CLOSE be worth now?

50 BASALT CLOSE might now be worth an estimated £231,539.

This is based on house price inflation of 18.7%, between November 2021 and June 2025, for terraced 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 18.7% inflationary increase is applied to the most recent sale price for 50 BASALT CLOSE of £195,000 on 30th November 2021. For the value to have increased from £195,000 to £231,539 over the four years and five months to June 2025, the following assumptions must hold true:

• The value of 50 BASALT CLOSE has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The November 2021 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 50 BASALT CLOSE has not materially changed since November 2021.

How Large is 50 BASALT CLOSE?

50 BASALT CLOSE is 84m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of terraced houses houses in Walsall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Walsall, and where 50 BASALT CLOSE lies on this distribution: 7% of terraced houses houses are smaller than 50 BASALT CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Walsall.

50 BASALT CLOSE: Plot and Title Map

50 BASALT CLOSE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 50 BASALT 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 50 BASALT 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 50 BASALT CLOSE?

50 BASALT CLOSE is located in WALSALL, in the WS2 postcode district. The below map shows the position of No. 50 on BASALT CLOSE.