2, BUCHANAN CLOSE, WALSALL, WS4 2EQ - £230,000

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.

2 BUCHANAN CLOSE is a very small extended detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £304,143. It was last sold for £230,000 in January 2020, which was around 14% below the average January 2020 detached price in the Walsall local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

2 BUCHANAN CLOSE Sold Prices

Land registry data shows one sale for 2 BUCHANAN 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
2020 24 JAN	£230,000	£268,909	14% below HPI

What might 2 BUCHANAN CLOSE be worth now?

2 BUCHANAN CLOSE might now be worth an estimated £304,143.

This is based on house price inflation of 32.2%, between January 2020 and April 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 32.2% inflationary increase is applied to the most recent sale price for 2 BUCHANAN CLOSE of £230,000 on 24th January 2020. For the value to have increased from £230,000 to £304,143 over the five years and nine months to April 2026, the following assumptions must hold true:

• The value of 2 BUCHANAN CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The January 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BUCHANAN CLOSE has not materially changed since January 2020.

How Large is 2 BUCHANAN CLOSE?

2 BUCHANAN CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 2 BUCHANAN CLOSE lies on this distribution: 13% of detached houses are smaller than 2 BUCHANAN CLOSE, and 87% of detached houses are larger. Note that EPC data is not available for all properties in Walsall.

2 BUCHANAN CLOSE: Plot

2 BUCHANAN CLOSE sits on a plot of roughly 0.061 of an acre, or 245m².

Where is 2 BUCHANAN CLOSE?

2 BUCHANAN CLOSE is located in WALSALL, in the WS4 postcode district.