2, DRAYMAN CLOSE, WALSALL, WS1 3JR - £94,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 DRAYMAN CLOSE is a very small detached house of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £111,742. It was last sold for £94,000 in January 2021, which was around 67% 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.

2 DRAYMAN CLOSE Sold Prices

Land registry data shows two sales for 2 DRAYMAN 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 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	£285,558	67% below HPI
2001 26 MAR	£66,000	£105,681	38% below HPI

2 DRAYMAN 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 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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2021 sale, where it falls to 67% below the HPI. The line then continues to track at 67% below the HPI.

What might 2 DRAYMAN CLOSE be worth now?

2 DRAYMAN CLOSE might now be worth an estimated £111,742.

This is based on house price inflation of 18.9%, between January 2021 and December 2024, 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 18.9% inflationary increase is applied to the most recent sale price for 2 DRAYMAN CLOSE of £94,000 on 20th January 2021. For the value to have increased from £94,000 to £111,742 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of 2 DRAYMAN CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The January 2021 sale price of £94,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DRAYMAN CLOSE has not materially changed since January 2021.

How Large is 2 DRAYMAN CLOSE?

2 DRAYMAN CLOSE is 53m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walsall, and where 2 DRAYMAN CLOSE lies on this distribution: Less than 1% of detached houses 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: Plot and Title Map

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.

Where is 2 DRAYMAN CLOSE?

2 DRAYMAN CLOSE is located in WALSALL, in the WS1 postcode district. The below map shows the position of No. 2 on DRAYMAN CLOSE.