1, RUSSETT CLOSE, WALSALL, WS5 3DP - £184,000

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 RUSSETT CLOSE is a very small extended detached house of 69m², built sometime between 1950 and 1966. It was last sold for £184,000 in April 2015, which was around 15% below the average April 2015 detached price in the Walsall local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

1 RUSSETT CLOSE Sold Prices

Land registry data shows three sales for 1 RUSSETT 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 RUSSETT 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
2015 27 APR	£184,000	£217,620	15% below HPI
2006 1 AUG	£185,000	£216,235	14% below HPI
2000 18 OCT	£76,000	£105,409	28% below HPI

1 RUSSETT 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 RUSSETT CLOSE sales between October 2000 and April 2015 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 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2015 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 1 RUSSETT CLOSE?

1 RUSSETT CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 1 RUSSETT CLOSE lies on this distribution: 2% of detached houses are smaller than 1 RUSSETT CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Walsall.

1 RUSSETT CLOSE: Plot and Title Map

1 RUSSETT CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 1 RUSSETT 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 RUSSETT 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 RUSSETT CLOSE?

1 RUSSETT CLOSE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 1 on RUSSETT CLOSE.