15, MARTINGALE CLOSE, WALSALL, WS5 4QB - £114,500

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.

15 MARTINGALE CLOSE is a very small extended semi-detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £160,286. It was last sold for £114,500 in October 2017, which was around 27% below the average October 2017 semi-detached price in the Walsall local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

15 MARTINGALE CLOSE Sold Prices

Land registry data shows three sales for 15 MARTINGALE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Walsall local authority area for the corresponding sale date. Two of the three 15 MARTINGALE 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
2017 13 OCT	£114,500	£157,772	27% below HPI
2004 25 AUG	£124,000	£117,155	6% above HPI
2001 7 DEC	£59,000	£67,919	13% below HPI

15 MARTINGALE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Walsall local authority area over time, sourced from the HPI. The three 15 MARTINGALE CLOSE sales between December 2001 and October 2017 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 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 15 MARTINGALE CLOSE be worth now?

15 MARTINGALE CLOSE might now be worth an estimated £160,286.

This is based on house price inflation of 40%, between October 2017 and February 2025, for semi-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 40% inflationary increase is applied to the most recent sale price for 15 MARTINGALE CLOSE of £114,500 on 13th October 2017. For the value to have increased from £114,500 to £160,286 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 MARTINGALE CLOSE has moved in line with the HPI for semi-detached houses in the Walsall local authority area.
• The October 2017 sale price of £114,500 represented a fair market value for the property.
• The size, condition, and specification of 15 MARTINGALE CLOSE has not materially changed since October 2017.

How Large is 15 MARTINGALE CLOSE?

15 MARTINGALE CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of semi-detached houses houses in Walsall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Walsall, and where 15 MARTINGALE CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 15 MARTINGALE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Walsall.

15 MARTINGALE CLOSE: Plot and Title Map

15 MARTINGALE CLOSE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 15 MARTINGALE 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 15 MARTINGALE 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 15 MARTINGALE CLOSE?

15 MARTINGALE CLOSE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 15 on MARTINGALE CLOSE.