7, BUCHANAN CLOSE, WALSALL, WS4 2EQ - £335,000

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.

7 BUCHANAN CLOSE is a small extended semi-detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £367,276. It was last sold for £335,000 in May 2022, which was around 66% above the average May 2022 semi-detached price in the Walsall local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

7 BUCHANAN CLOSE Sold Prices

Land registry data shows four sales for 7 BUCHANAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Walsall local authority area for the corresponding sale date. All of the four 7 BUCHANAN CLOSE sales were 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
2022 31 MAY	£335,000	£201,453	66% above HPI
2010 26 NOV	£190,000	£121,839	56% above HPI
2007 5 JAN	£214,000	£136,647	57% above HPI
1999 30 SEP	£85,000	£53,309	59% above HPI

7 BUCHANAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Walsall local authority area over time, sourced from the HPI. The four 7 BUCHANAN CLOSE sales between September 1999 and May 2022 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 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the May 2022 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 7 BUCHANAN CLOSE be worth now?

7 BUCHANAN CLOSE might now be worth an estimated £367,276.

This is based on house price inflation of 9.6%, between May 2022 and February 2025, for semi-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 9.6% inflationary increase is applied to the most recent sale price for 7 BUCHANAN CLOSE of £335,000 on 31st May 2022. For the value to have increased from £335,000 to £367,276 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 7 BUCHANAN CLOSE has moved in line with the HPI for semi-detached houses in the Walsall local authority area.
• The May 2022 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BUCHANAN CLOSE has not materially changed since May 2022.

How Large is 7 BUCHANAN CLOSE?

7 BUCHANAN CLOSE is 115m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of semi-detached houses houses in Walsall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Walsall, and where 7 BUCHANAN CLOSE lies on this distribution: 36% of semi-detached houses houses are smaller than 7 BUCHANAN CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Walsall.

7 BUCHANAN CLOSE: Plot and Title Map

7 BUCHANAN CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 7 BUCHANAN 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 7 BUCHANAN 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 7 BUCHANAN CLOSE?

7 BUCHANAN CLOSE is located in WALSALL, in the WS4 postcode district. The below map shows the position of No. 7 on BUCHANAN CLOSE.