16, ELDERBERRY CLOSE, WALSALL, WS5 4SX - £163,000

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.

16 ELDERBERRY CLOSE is a midsized extended detached house of 105m², built sometime between 2003 and 2006, which could now be worth an estimated £292,569. It was last sold for £163,000 in October 2014, which was around 7% below the average October 2014 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

16 ELDERBERRY CLOSE Sold Prices

Land registry data shows two sales for 16 ELDERBERRY 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 Sandwell local authority area for the corresponding sale date. Both of the two 16 ELDERBERRY 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
2014 31 OCT	£163,000	£176,083	7% below HPI
2004 14 MAY	£141,995	£150,927	6% below HPI

16 ELDERBERRY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 16 ELDERBERRY CLOSE sales from May 2004 and October 2014 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 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2014 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 16 ELDERBERRY CLOSE be worth now?

16 ELDERBERRY CLOSE might now be worth an estimated £292,569.

This is based on house price inflation of 79.5%, between October 2014 and February 2025, for detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79.5% inflationary increase is applied to the most recent sale price for 16 ELDERBERRY CLOSE of £163,000 on 31st October 2014. For the value to have increased from £163,000 to £292,569 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 16 ELDERBERRY CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The October 2014 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ELDERBERRY CLOSE has not materially changed since October 2014.

How Large is 16 ELDERBERRY CLOSE?

16 ELDERBERRY CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 50% of detached houses houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Bromwich, and where 16 ELDERBERRY CLOSE lies on this distribution: 47% of detached houses houses are smaller than 16 ELDERBERRY CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

16 ELDERBERRY CLOSE: Plot and Title Map

16 ELDERBERRY CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 16 ELDERBERRY 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 16 ELDERBERRY 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 16 ELDERBERRY CLOSE?

16 ELDERBERRY CLOSE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 16 on ELDERBERRY CLOSE.