16, SPINNEY CLOSE, WALSALL, WS3 4LB - £182,500

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.

16 SPINNEY CLOSE is a large terraced house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £299,848. It was last sold for £182,500 in February 2016, which was around 59% above the average February 2016 terraced price in the Walsall local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

16 SPINNEY CLOSE Sold Prices

Land registry data shows one sale for 16 SPINNEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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 5 FEB	£182,500	£114,783	59% above HPI

What might 16 SPINNEY CLOSE be worth now?

16 SPINNEY CLOSE might now be worth an estimated £299,848.

This is based on house price inflation of 64.3%, between February 2016 and May 2026, 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 64.3% inflationary increase is applied to the most recent sale price for 16 SPINNEY CLOSE of £182,500 on 5th February 2016. For the value to have increased from £182,500 to £299,848 over the nine years and nine months to May 2026, the following assumptions must hold true:

• The value of 16 SPINNEY CLOSE has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The February 2016 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 16 SPINNEY CLOSE has not materially changed since February 2016.

How Large is 16 SPINNEY CLOSE?

16 SPINNEY CLOSE is 84m² according to the EPC inspection conducted in June 2012. This puts it in the largest 40% of terraced houses in Pelsall, based on EPC data. The below chart shows the distribution of terraced houses by size in Pelsall, and where 16 SPINNEY CLOSE lies on this distribution: 64% of terraced houses are smaller than 16 SPINNEY CLOSE, and 33% of terraced houses are larger. Note that EPC data is not available for all properties in Pelsall.

16 SPINNEY CLOSE: Plot

16 SPINNEY CLOSE sits on a plot of roughly 0.115 of an acre, or 467m².

Where is 16 SPINNEY CLOSE?

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