7, LAUNCESTON CLOSE, WALSALL, WS5 3EG - £107,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 LAUNCESTON CLOSE is a very small extended detached house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £355,894. It was last sold for £107,000 in January 2001, which was around 5% above the average January 2001 detached price in the Walsall local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

7 LAUNCESTON CLOSE Sold Prices

Land registry data shows two sales for 7 LAUNCESTON CLOSE since 1^st 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. Both of the two 7 LAUNCESTON 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
2001 26 JAN	£107,000	£102,058	5% above HPI
2000 30 JUN	£113,000	£95,870	18% above HPI

7 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 two 7 LAUNCESTON CLOSE sales from June 2000 and January 2001 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 2000 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2001 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 7 LAUNCESTON CLOSE be worth now?

7 LAUNCESTON CLOSE might now be worth an estimated £355,894.

This is based on house price inflation of 232.6%, between January 2001 and December 2024, 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 232.6% inflationary increase is applied to the most recent sale price for 7 LAUNCESTON CLOSE of £107,000 on 26th January 2001. For the value to have increased from £107,000 to £355,894 over the 22 years and one month to December 2024, the following assumptions must hold true:

• The value of 7 LAUNCESTON CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The January 2001 sale price of £107,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LAUNCESTON CLOSE has not materially changed since January 2001.

How Large is 7 LAUNCESTON CLOSE?

7 LAUNCESTON CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walsall, and where 7 LAUNCESTON CLOSE lies on this distribution: 18% of detached houses houses are smaller than 7 LAUNCESTON CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Walsall.

7 LAUNCESTON CLOSE: Plot and Title Map

7 LAUNCESTON CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 7 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 7 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 7 LAUNCESTON CLOSE?

7 LAUNCESTON CLOSE is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 7 on LAUNCESTON CLOSE.