4, REDRUTH CLOSE, WALSALL, WS5 3ER - £265,000

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.

4 REDRUTH CLOSE is a small extended detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £390,705. It was last sold for £265,000 in May 2017, which was around 11% above the average May 2017 detached price in the Walsall local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

4 REDRUTH CLOSE Sold Prices

Land registry data shows one sale for 4 REDRUTH 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
2017 5 MAY	£265,000	£239,155	11% above HPI

What might 4 REDRUTH CLOSE be worth now?

4 REDRUTH CLOSE might now be worth an estimated £390,705.

This is based on house price inflation of 47.4%, between May 2017 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 47.4% inflationary increase is applied to the most recent sale price for 4 REDRUTH CLOSE of £265,000 on 5th May 2017. For the value to have increased from £265,000 to £390,705 over the nine years to May 2026, the following assumptions must hold true:

• The value of 4 REDRUTH CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The May 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 4 REDRUTH CLOSE has not materially changed since May 2017.

How Large is 4 REDRUTH CLOSE?

4 REDRUTH CLOSE is 117m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 4 REDRUTH CLOSE lies on this distribution: 38% of detached houses are smaller than 4 REDRUTH CLOSE, and 62% of detached houses are larger. Note that EPC data is not available for all properties in Walsall.

4 REDRUTH CLOSE: Plot

4 REDRUTH CLOSE sits on a plot of roughly 0.112 of an acre, or 453m².

Where is 4 REDRUTH CLOSE?

4 REDRUTH CLOSE is located in WALSALL, in the WS5 postcode district.