12, REDRUTH CLOSE, WALSALL, WS5 3ER - £265,000

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

12 REDRUTH CLOSE is a very small detached house of 95m², built sometime between 1976 and 1982. It was last sold for £265,000 in September 2021, which was around 14% below the average September 2021 detached price in the Walsall local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

12 REDRUTH CLOSE Sold Prices

Land registry data shows three sales for 12 REDRUTH 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 12 REDRUTH 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 24 SEP	£265,000	£308,735	14% below HPI
2015 1 MAY	£198,000	£216,195	8% below HPI
2003 24 OCT	£164,950	£173,701	5% below HPI

12 REDRUTH 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 12 REDRUTH CLOSE sales between October 2003 and September 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 May 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 12 REDRUTH CLOSE?

12 REDRUTH CLOSE is 95m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 12 REDRUTH CLOSE lies on this distribution: 15% of detached houses are smaller than 12 REDRUTH CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Walsall.

12 REDRUTH CLOSE: Plot and Title Map

12 REDRUTH CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 12 REDRUTH 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 12 REDRUTH 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 12 REDRUTH CLOSE?

12 REDRUTH CLOSE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 12 on REDRUTH CLOSE.