Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 DRAYMAN CLOSE is a very small detached house of 53m², built sometime between 1996 and 2002. It was last sold for £94,000 in January 2021, which was around 68% below the average January 2021 detached price in the Walsall local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 2 DRAYMAN CLOSE since 1st 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 2 DRAYMAN 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 20 JAN | £94,000 | £295,142 | 68% below HPI |
2001 26 MAR | £66,000 | £109,228 | 40% below HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 2 DRAYMAN CLOSE sales from March 2001 and January 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 March 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2021 sale, where it falls to 68% below the HPI. The line then continues to track at 68% below the HPI.
2 DRAYMAN CLOSE is 53m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 2 DRAYMAN CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 2 DRAYMAN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Walsall.
2 DRAYMAN CLOSE sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of 2 DRAYMAN 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 2 DRAYMAN 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.
2 DRAYMAN CLOSE is located in WALSALL, in the WS1 postcode district. The below map shows the position of No. 2 on DRAYMAN CLOSE.