10, LAKELOT CLOSE, WILLENHALL, WV12 4JX - £135,000

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.

10 LAKELOT CLOSE is a very small terraced house of 63m², which could now be worth an estimated £170,827. It was last sold for £135,000 in December 2020, which was around 9% below the average December 2020 terraced price in the Walsall local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was B.

10 LAKELOT CLOSE Sold Prices

Land registry data shows three sales for 10 LAKELOT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Walsall local authority area for the corresponding sale date. Two of the three 10 LAKELOT CLOSE sales were for below the average price, whilst one was for above 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
2020 21 DEC	£135,000	£148,886	9% below HPI
2019 27 SEP	£130,000	£136,993	5% below HPI
2015 27 MAR	£123,995	£108,064	15% above HPI

10 LAKELOT CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Walsall local authority area over time, sourced from the HPI. The three 10 LAKELOT CLOSE sales between March 2015 and December 2020 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 September 2019 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 10 LAKELOT CLOSE be worth now?

10 LAKELOT CLOSE might now be worth an estimated £170,827.

This is based on house price inflation of 26.5%, between December 2020 and July 2025, for terraced 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 26.5% inflationary increase is applied to the most recent sale price for 10 LAKELOT CLOSE of £135,000 on 21st December 2020. For the value to have increased from £135,000 to £170,827 over the five years and five months to July 2025, the following assumptions must hold true:

• The value of 10 LAKELOT CLOSE has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The December 2020 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LAKELOT CLOSE has not materially changed since December 2020.

How Large is 10 LAKELOT CLOSE?

10 LAKELOT CLOSE is 63m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of terraced houses houses in Willenhall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Willenhall, and where 10 LAKELOT CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 10 LAKELOT CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

10 LAKELOT CLOSE: Plot and Title Map

10 LAKELOT CLOSE sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 10 LAKELOT 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 10 LAKELOT 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 10 LAKELOT CLOSE?

10 LAKELOT CLOSE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 10 on LAKELOT CLOSE.