5, LUDLOW CLOSE, WILLENHALL, WV12 4RZ - £163,000

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.

5 LUDLOW CLOSE is a midsized detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £284,880. It was last sold for £163,000 in July 2011, which was around 16% below the average July 2011 detached price in the Walsall local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

5 LUDLOW CLOSE Sold Prices

Land registry data shows three sales for 5 LUDLOW 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 5 LUDLOW 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
2011 8 JUL	£163,000	£195,032	16% below HPI
2008 11 JUN	£170,000	£215,148	21% below HPI
2003 8 AUG	£117,000	£158,440	26% below HPI

5 LUDLOW 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 5 LUDLOW CLOSE sales between August 2003 and July 2011 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 June 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2011 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 LUDLOW CLOSE be worth now?

5 LUDLOW CLOSE might now be worth an estimated £284,880.

This is based on house price inflation of 74.8%, between July 2011 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 74.8% inflationary increase is applied to the most recent sale price for 5 LUDLOW CLOSE of £163,000 on 8th July 2011. For the value to have increased from £163,000 to £284,880 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of 5 LUDLOW CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The July 2011 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LUDLOW CLOSE has not materially changed since July 2011.

How Large is 5 LUDLOW CLOSE?

5 LUDLOW CLOSE is 105m² according to the EPC inspection conducted in March 2013. This puts it in the largest 50% 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 5 LUDLOW CLOSE lies on this distribution: 54% of detached houses houses are smaller than 5 LUDLOW CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

5 LUDLOW CLOSE: Plot and Title Map

5 LUDLOW CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 5 LUDLOW 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 5 LUDLOW 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 5 LUDLOW CLOSE?

5 LUDLOW CLOSE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 5 on LUDLOW CLOSE.