7, RUSHALL CLOSE, WALSALL, WS4 2HQ - £280,000

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.

7 RUSHALL CLOSE is a small detached house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £377,782. It was last sold for £280,000 in February 2018, which was around 11% above the average February 2018 detached price in the Walsall local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

7 RUSHALL CLOSE Sold Prices

Land registry data shows four sales for 7 RUSHALL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the four 7 RUSHALL 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
2018 28 FEB	£280,000	£252,637	11% above HPI
2017 30 NOV	£300,000	£250,618	20% above HPI
2002 19 AUG	£188,000	£131,427	43% above HPI
2000 15 JUN	£140,000	£95,870	46% above HPI

7 RUSHALL 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 four 7 RUSHALL CLOSE sales between June 2000 and February 2018 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 2017 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 7 RUSHALL CLOSE be worth now?

7 RUSHALL CLOSE might now be worth an estimated £377,782.

This is based on house price inflation of 34.9%, between February 2018 and February 2025, for detached 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 34.9% inflationary increase is applied to the most recent sale price for 7 RUSHALL CLOSE of £280,000 on 28th February 2018. For the value to have increased from £280,000 to £377,782 over the seven years to February 2025, the following assumptions must hold true:

• The value of 7 RUSHALL CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The February 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 7 RUSHALL CLOSE has not materially changed since February 2018.

How Large is 7 RUSHALL CLOSE?

7 RUSHALL CLOSE is 113m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 40% of detached houses houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walsall, and where 7 RUSHALL CLOSE lies on this distribution: 35% of detached houses houses are smaller than 7 RUSHALL CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Walsall.

7 RUSHALL CLOSE: Plot and Title Map

7 RUSHALL CLOSE sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of 7 RUSHALL 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 7 RUSHALL 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 7 RUSHALL CLOSE?

7 RUSHALL CLOSE is located in WALSALL, in the WS4 postcode district. The below map shows the position of No. 7 on RUSHALL CLOSE.