1, SPINDLE TREE RISE, WILLENHALL, WV12 4BP - £236,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SPINDLE TREE RISE is a very small extended detached house of 77m², built sometime between 2003 and 2006. It was last sold for £236,000 in June 2022, which was around 29% below the average June 2022 detached price in the Walsall local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

1 SPINDLE TREE RISE Sold Prices

Land registry data shows three sales for 1 SPINDLE TREE RISE 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 SPINDLE TREE RISE 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
2022 22 JUN	£236,000	£331,165	29% below HPI
2015 10 APR	£150,000	£217,620	31% below HPI
2006 3 NOV	£184,950	£218,512	15% below HPI

1 SPINDLE TREE RISE 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 SPINDLE TREE RISE sales between November 2006 and June 2022 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 April 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 SPINDLE TREE RISE?

1 SPINDLE TREE RISE is 77m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Willenhall, and where 1 SPINDLE TREE RISE lies on this distribution: 18% of detached houses are smaller than 1 SPINDLE TREE RISE, and 81% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

1 SPINDLE TREE RISE: Plot and Title Map

1 SPINDLE TREE RISE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 1 SPINDLE TREE RISE, 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 SPINDLE TREE RISE). 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 SPINDLE TREE RISE?

1 SPINDLE TREE RISE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 1 on SPINDLE TREE RISE.