2, OLD OAK CLOSE, WALSALL, WS9 8SE - £340,000

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 OLD OAK CLOSE is a very small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £355,394. It was last sold for £340,000 in August 2022, which was around 4% above the average August 2022 detached price in the Walsall local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

2 OLD OAK CLOSE Sold Prices

Land registry data shows three sales for 2 OLD OAK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the three 2 OLD OAK CLOSE sales were 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
2022 15 AUG	£340,000	£326,098	4% above HPI
2007 25 SEP	£230,000	£220,002	5% above HPI
1996 24 MAY	£82,950	£72,963	14% above HPI

2 OLD OAK 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 three 2 OLD OAK CLOSE sales between May 1996 and August 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 September 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2 OLD OAK CLOSE be worth now?

2 OLD OAK CLOSE might now be worth an estimated £355,394.

This is based on house price inflation of 4.5%, between August 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 4.5% inflationary increase is applied to the most recent sale price for 2 OLD OAK CLOSE of £340,000 on 15th August 2022. For the value to have increased from £340,000 to £355,394 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 2 OLD OAK CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The August 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OLD OAK CLOSE has not materially changed since August 2022.

How Large is 2 OLD OAK CLOSE?

2 OLD OAK CLOSE is 75m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses houses in Aldridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aldridge, and where 2 OLD OAK CLOSE lies on this distribution: 10% of detached houses houses are smaller than 2 OLD OAK CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Aldridge.

2 OLD OAK CLOSE: Plot and Title Map

2 OLD OAK CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 2 OLD OAK 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 OLD OAK 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 OLD OAK CLOSE?

2 OLD OAK CLOSE is located in WALSALL, in the WS9 postcode district. The below map shows the position of No. 2 on OLD OAK CLOSE.