34, DERWENT CLOSE, WILLENHALL, WV13 1JP - £222,000

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.

34 DERWENT CLOSE is a small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £267,940. It was last sold for £222,000 in November 2020, which was around 21% below the average November 2020 detached price in the Walsall local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

34 DERWENT CLOSE Sold Prices

Land registry data shows four sales for 34 DERWENT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the four 34 DERWENT 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
2020 27 NOV	£222,000	£282,420	21% below HPI
2007 12 JAN	£150,000	£214,223	30% below HPI
1997 18 JUL	£59,500	£80,573	26% below HPI
1997 30 JUN	£61,425	£78,917	22% below HPI

34 DERWENT 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 four 34 DERWENT CLOSE sales between June 1997 and November 2020 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 January 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 34 DERWENT CLOSE be worth now?

34 DERWENT CLOSE might now be worth an estimated £267,940.

This is based on house price inflation of 20.7%, between November 2020 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 20.7% inflationary increase is applied to the most recent sale price for 34 DERWENT CLOSE of £222,000 on 27th November 2020. For the value to have increased from £222,000 to £267,940 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 34 DERWENT CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The November 2020 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 34 DERWENT CLOSE has not materially changed since November 2020.

How Large is 34 DERWENT CLOSE?

34 DERWENT CLOSE is 90m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willenhall, and where 34 DERWENT CLOSE lies on this distribution: 34% of detached houses houses are smaller than 34 DERWENT CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

34 DERWENT CLOSE: Plot and Title Map

34 DERWENT CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 34 DERWENT 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 34 DERWENT 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 34 DERWENT CLOSE?

34 DERWENT CLOSE is located in WILLENHALL, in the WV13 postcode district. The below map shows the position of No. 34 on DERWENT CLOSE.