12, SPINNEY CLOSE, WALSALL, WS3 4LB - £182,000

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.

12 SPINNEY CLOSE is a midsized extended detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £275,165. It was last sold for £182,000 in August 2016, which was around 22% below the average August 2016 detached price in the Walsall local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

12 SPINNEY CLOSE Sold Prices

Land registry data shows one sale for 12 SPINNEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Walsall local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 19 AUG	£182,000	£233,217	22% below HPI

What might 12 SPINNEY CLOSE be worth now?

12 SPINNEY CLOSE might now be worth an estimated £275,165.

This is based on house price inflation of 51.2%, between August 2016 and May 2026, 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 51.2% inflationary increase is applied to the most recent sale price for 12 SPINNEY CLOSE of £182,000 on 19th August 2016. For the value to have increased from £182,000 to £275,165 over the ten years and three months to May 2026, the following assumptions must hold true:

• The value of 12 SPINNEY CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The August 2016 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SPINNEY CLOSE has not materially changed since August 2016.

How Large is 12 SPINNEY CLOSE?

12 SPINNEY CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses in Pelsall, based on EPC data. The below chart shows the distribution of detached houses by size in Pelsall, and where 12 SPINNEY CLOSE lies on this distribution: 59% of detached houses are smaller than 12 SPINNEY CLOSE, and 39% of detached houses are larger. Note that EPC data is not available for all properties in Pelsall.

12 SPINNEY CLOSE: Plot

12 SPINNEY CLOSE sits on a plot of roughly 0.137 of an acre, or 553m².

Where is 12 SPINNEY CLOSE?

12 SPINNEY CLOSE is located in WALSALL, in the WS3 postcode district.