1, PORCHESTER CLOSE, WALSALL WOOD, WALSALL, WS9 9BW - £165,000

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.

1 PORCHESTER CLOSE is a very small detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £288,920. It was last sold for £165,000 in October 2011, which was around 15% below the average October 2011 detached price in the Walsall local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

1 PORCHESTER CLOSE Sold Prices

Land registry data shows three sales for 1 PORCHESTER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the three 1 PORCHESTER 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
2011 28 OCT	£165,000	£194,664	15% below HPI
2002 1 JUL	£109,950	£130,470	16% below HPI
1997 28 NOV	£70,000	£80,443	13% below HPI

1 PORCHESTER 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 three 1 PORCHESTER CLOSE sales between November 1997 and October 2011 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 July 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2011 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 PORCHESTER CLOSE be worth now?

1 PORCHESTER CLOSE might now be worth an estimated £288,920.

This is based on house price inflation of 75.1%, between October 2011 and February 2025, 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 75.1% inflationary increase is applied to the most recent sale price for 1 PORCHESTER CLOSE of £165,000 on 28th October 2011. For the value to have increased from £165,000 to £288,920 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 PORCHESTER CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The October 2011 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PORCHESTER CLOSE has not materially changed since October 2011.

How Large is 1 PORCHESTER CLOSE?

1 PORCHESTER CLOSE is 79m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of detached houses houses in Brownhills, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brownhills, and where 1 PORCHESTER CLOSE lies on this distribution: 14% of detached houses houses are smaller than 1 PORCHESTER CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Brownhills.

1 PORCHESTER CLOSE: Plot and Title Map

1 PORCHESTER CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 1 PORCHESTER 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 PORCHESTER 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 PORCHESTER CLOSE?

1 PORCHESTER CLOSE is located in WALSALL WOOD, in the WS9 postcode district. The below map shows the position of No. 1 on PORCHESTER CLOSE.