38, LAUNCESTON CLOSE, WALSALL, WS5 3EG - £273,000

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

38 LAUNCESTON CLOSE is a very small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £273,000 in November 2020, which was around 6% below the average November 2020 detached price in the Walsall local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

38 LAUNCESTON CLOSE Sold Prices

Land registry data shows four sales for 38 LAUNCESTON 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. Most of the four 38 LAUNCESTON 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 6 NOV	£273,000	£291,899	6% below HPI
2010 26 NOV	£181,000	£204,016	11% below HPI
2009 18 JUN	£200,000	£192,341	4% above HPI
1999 24 SEP	£87,000	£95,180	9% below HPI

38 LAUNCESTON 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 38 LAUNCESTON CLOSE sales between September 1999 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 November 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 38 LAUNCESTON CLOSE?

38 LAUNCESTON CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 38 LAUNCESTON CLOSE lies on this distribution: 18% of detached houses are smaller than 38 LAUNCESTON CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Walsall.

38 LAUNCESTON CLOSE: Plot and Title Map

38 LAUNCESTON CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 38 LAUNCESTON 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 38 LAUNCESTON 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 38 LAUNCESTON CLOSE?

38 LAUNCESTON CLOSE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 38 on LAUNCESTON CLOSE.