1, ROSE CLOSE, WEDNESBURY, WS10 0ER - £190,000

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 ROSE CLOSE is a small detached house of 87m², built sometime between 2003 and 2006, which could now be worth an estimated £236,598. It was last sold for £190,000 in February 2021, which was around 25% below the average February 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

1 ROSE CLOSE Sold Prices

Land registry data shows two sales for 1 ROSE 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 Sandwell local authority area for the corresponding sale date. Both of the two 1 ROSE 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
2021 5 FEB	£190,000	£253,805	25% below HPI
2017 1 FEB	£65,000	£202,379	68% below HPI

1 ROSE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 1 ROSE CLOSE sales from February 2017 and February 2021 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 February 2017 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the February 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 1 ROSE CLOSE be worth now?

1 ROSE CLOSE might now be worth an estimated £236,598.

This is based on house price inflation of 24.5%, between February 2021 and February 2025, for detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.5% inflationary increase is applied to the most recent sale price for 1 ROSE CLOSE of £190,000 on 5th February 2021. For the value to have increased from £190,000 to £236,598 over the four years to February 2025, the following assumptions must hold true:

• The value of 1 ROSE CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The February 2021 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ROSE CLOSE has not materially changed since February 2021.

How Large is 1 ROSE CLOSE?

1 ROSE CLOSE is 87m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of detached houses houses in Wednesbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wednesbury, and where 1 ROSE CLOSE lies on this distribution: 34% of detached houses houses are smaller than 1 ROSE CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

1 ROSE CLOSE: Plot and Title Map

1 ROSE CLOSE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 1 ROSE 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 ROSE 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 ROSE CLOSE?

1 ROSE CLOSE is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 1 on ROSE CLOSE.