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
61 MOORFIELDS CLOSE is a midsized detached house of 109m², built sometime between 2003 and 2006. It was last sold for £307,500 in September 2023, which was around 13% below the average September 2023 detached price in the Walsall local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 61 MOORFIELDS CLOSE since 1st 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. One of the two 61 MOORFIELDS CLOSE sales was for below the average price, whilst the other was for above 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 |
---|---|---|---|
2023 25 SEP | £307,500 | £353,107 | 13% below HPI |
2003 8 DEC | £186,950 | £179,609 | 4% above HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 61 MOORFIELDS CLOSE sales from December 2003 and September 2023 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 December 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
61 MOORFIELDS CLOSE is 109m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% of detached houses in Aldridge, based on EPC data. The below chart shows the distribution of detached houses by size in Aldridge, and where 61 MOORFIELDS CLOSE lies on this distribution: 45% of detached houses are smaller than 61 MOORFIELDS CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Aldridge.
61 MOORFIELDS CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 61 MOORFIELDS 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 61 MOORFIELDS 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.
61 MOORFIELDS CLOSE is located in ALDRIDGE, in the WS9 postcode district. The below map shows the position of No. 61 on MOORFIELDS CLOSE.