14, ELTER CLOSE, WILLENHALL, WV12 4JL - £232,000

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.

14 ELTER CLOSE is a small detached house of 89m², which could now be worth an estimated £274,198. It was last sold for £232,000 in April 2021, which was around 20% below the average April 2021 detached 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 A.

14 ELTER CLOSE Sold Prices

Land registry data shows two sales for 14 ELTER 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 Walsall local authority area for the corresponding sale date. Both of the two 14 ELTER 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 1 APR	£232,000	£288,405	20% below HPI
2015 25 SEP	£199,995	£213,665	6% below HPI

14 ELTER 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 two 14 ELTER CLOSE sales from September 2015 and April 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 September 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 14 ELTER CLOSE be worth now?

14 ELTER CLOSE might now be worth an estimated £274,198.

This is based on house price inflation of 18.2%, between April 2021 and February 2025, for detached 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 18.2% inflationary increase is applied to the most recent sale price for 14 ELTER CLOSE of £232,000 on 1st April 2021. For the value to have increased from £232,000 to £274,198 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 14 ELTER CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The April 2021 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 14 ELTER CLOSE has not materially changed since April 2021.

How Large is 14 ELTER CLOSE?

14 ELTER CLOSE is 89m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willenhall, and where 14 ELTER CLOSE lies on this distribution: 32% of detached houses houses are smaller than 14 ELTER CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

14 ELTER CLOSE: Plot and Title Map

14 ELTER CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 14 ELTER 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 14 ELTER 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 14 ELTER CLOSE?

14 ELTER CLOSE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 14 on ELTER CLOSE.