2, SOMERFIELD CLOSE, WALSALL, WS4 1PP - £175,000

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 SOMERFIELD CLOSE is a small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £175,000 in April 2014, which was around 17% below the average April 2014 detached price in the Walsall local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

2 SOMERFIELD CLOSE Sold Prices

Land registry data shows three sales for 2 SOMERFIELD 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 SOMERFIELD 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 14 APR	£175,000	£210,386	17% below HPI
2007 17 AUG	£178,000	£224,711	21% below HPI
2003 6 JUN	£132,000	£156,106	15% below HPI

2 SOMERFIELD 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 SOMERFIELD CLOSE sales between June 2003 and April 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 August 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 SOMERFIELD CLOSE?

2 SOMERFIELD CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 2 SOMERFIELD CLOSE lies on this distribution: 29% of detached houses are smaller than 2 SOMERFIELD CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

2 SOMERFIELD CLOSE: Plot and Title Map

2 SOMERFIELD CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 2 SOMERFIELD 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 SOMERFIELD 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 SOMERFIELD CLOSE?

2 SOMERFIELD CLOSE is located in WALSALL, in the WS4 postcode district. The below map shows the position of No. 2 on SOMERFIELD CLOSE.