1, HONESTY CLOSE, CLAYHANGER, WALSALL, WS8 7RE - £210,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HONESTY CLOSE is a very small extended detached house of 78m², built sometime between 1991 and 1995. It was last sold for £210,000 in May 2016, which was around 9% below the average May 2016 detached price in the Walsall local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

1 HONESTY CLOSE Sold Prices

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

Date	Price	HPI Price	Variation from HPI
2016 4 MAY	£210,000	£231,663	9% below HPI
2003 15 AUG	£162,500	£163,758	1% below HPI

1 HONESTY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 1 HONESTY CLOSE sales from August 2003 and May 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2016 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 1 HONESTY CLOSE?

1 HONESTY CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Clayhanger, based on EPC data. The below chart shows the distribution of detached houses by size in Clayhanger, and where 1 HONESTY CLOSE lies on this distribution: 9% of detached houses are smaller than 1 HONESTY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Clayhanger.

1 HONESTY CLOSE: Plot and Title Map

1 HONESTY CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 1 HONESTY CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 HONESTY CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 HONESTY CLOSE?

1 HONESTY CLOSE is located in CLAYHANGER, in the WS8 postcode district. The below map shows the position of No. 1 on HONESTY CLOSE.