2, GRAYLING CLOSE, WEDNESBURY, WS10 8GE - £305,000

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.

2 GRAYLING CLOSE is a midsized detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £324,468. It was last sold for £305,000 in June 2022, which was around 5% below the average June 2022 detached price in the Walsall local authority area. The most recent EPC inspection was August 2012, where the current energy rating was B, and the potential energy rating was A.

2 GRAYLING CLOSE Sold Prices

Land registry data shows six sales for 2 GRAYLING CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Most of the six 2 GRAYLING 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
2022 30 JUN	£305,000	£320,411	5% below HPI
2017 6 OCT	£215,000	£253,836	15% below HPI
2007 1 AUG	£189,995	£217,414	13% below HPI
2004 6 AUG	£147,000	£188,126	22% below HPI
2002 19 JUL	£119,000	£130,470	9% below HPI
1998 18 DEC	£89,950	£83,802	7% above HPI

2 GRAYLING 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 six 2 GRAYLING CLOSE sales between December 1998 and June 2022 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 October 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 GRAYLING CLOSE be worth now?

2 GRAYLING CLOSE might now be worth an estimated £324,468.

This is based on house price inflation of 6.4%, between June 2022 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 6.4% inflationary increase is applied to the most recent sale price for 2 GRAYLING CLOSE of £305,000 on 30th June 2022. For the value to have increased from £305,000 to £324,468 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 2 GRAYLING CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The June 2022 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRAYLING CLOSE has not materially changed since June 2022.

How Large is 2 GRAYLING CLOSE?

2 GRAYLING CLOSE is 99m² according to the EPC inspection conducted in August 2012. This puts it in the largest 50% of detached houses houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilston, and where 2 GRAYLING CLOSE lies on this distribution: 48% of detached houses houses are smaller than 2 GRAYLING CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Bilston.

2 GRAYLING CLOSE: Plot and Title Map

2 GRAYLING CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 2 GRAYLING 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 GRAYLING 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 GRAYLING CLOSE?

2 GRAYLING CLOSE is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 2 on GRAYLING CLOSE.