5, BUCHANAN CLOSE, WALSALL, WS4 2EQ - £192,000

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.

5 BUCHANAN CLOSE is a small extended detached house of 102m², built sometime between 1976 and 1982, which could now be worth an estimated £308,409. It was last sold for £192,000 in March 2016, which was around 13% below the average March 2016 detached price in the Walsall local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was B.

5 BUCHANAN CLOSE Sold Prices

Land registry data shows one sale for 5 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
2016 29 MAR	£192,000	£219,511	13% below HPI

What might 5 BUCHANAN CLOSE be worth now?

5 BUCHANAN CLOSE might now be worth an estimated £308,409.

This is based on house price inflation of 60.6%, between March 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 60.6% inflationary increase is applied to the most recent sale price for 5 BUCHANAN CLOSE of £192,000 on 29th March 2016. For the value to have increased from £192,000 to £308,409 over the nine years and ten months to May 2026, the following assumptions must hold true:

• The value of 5 BUCHANAN CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The March 2016 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BUCHANAN CLOSE has not materially changed since March 2016.

How Large is 5 BUCHANAN CLOSE?

5 BUCHANAN CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 5 BUCHANAN CLOSE lies on this distribution: 21% of detached houses are smaller than 5 BUCHANAN CLOSE, and 78% of detached houses are larger. Note that EPC data is not available for all properties in Walsall.

5 BUCHANAN CLOSE: Plot

5 BUCHANAN CLOSE sits on a plot of roughly 0.081 of an acre, or 329m².

Where is 5 BUCHANAN CLOSE?

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