22, MARTINGALE CLOSE, WALSALL, WS5 4QB - £120,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

22 MARTINGALE CLOSE is a very small detached house of 65m², built sometime between 1976 and 1982. It was last sold for £120,000 in October 2010, which was around 42% below the average October 2010 detached price in the Walsall local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

22 MARTINGALE CLOSE Sold Prices

Land registry data shows two sales for 22 MARTINGALE 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 22 MARTINGALE 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
2010 15 OCT	£120,000	£205,626	42% below HPI
2004 20 FEB	£130,000	£179,362	28% below HPI

22 MARTINGALE 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 22 MARTINGALE CLOSE sales from February 2004 and October 2010 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 February 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2010 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 22 MARTINGALE CLOSE?

22 MARTINGALE CLOSE is 65m² according to the EPC inspection conducted in July 2010. 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 22 MARTINGALE CLOSE lies on this distribution: 1% of detached houses are smaller than 22 MARTINGALE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Walsall.

22 MARTINGALE CLOSE: Plot and Title Map

22 MARTINGALE CLOSE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 22 MARTINGALE 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 22 MARTINGALE 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 22 MARTINGALE CLOSE?

22 MARTINGALE CLOSE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 22 on MARTINGALE CLOSE.