8, RAGSTONE CLOSE, WALSALL, WS2 8TH - £285,000

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

8 RAGSTONE CLOSE is a small extended detached house of 117m², built sometime between 2007 and 2011, which could now be worth an estimated £380,160. It was last sold for £285,000 in May 2018, which was around 12% above the average May 2018 detached price in the Walsall local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was B.

8 RAGSTONE CLOSE Sold Prices

Land registry data shows two sales for 8 RAGSTONE 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 8 RAGSTONE 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
2018 4 MAY	£285,000	£254,485	12% above HPI
2009 27 MAR	£249,950	£192,371	30% above HPI

8 RAGSTONE 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 8 RAGSTONE CLOSE sales from March 2009 and May 2018 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 March 2009 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2018 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 8 RAGSTONE CLOSE be worth now?

8 RAGSTONE CLOSE might now be worth an estimated £380,160.

This is based on house price inflation of 33.4%, between May 2018 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 33.4% inflationary increase is applied to the most recent sale price for 8 RAGSTONE CLOSE of £285,000 on 4th May 2018. For the value to have increased from £285,000 to £380,160 over the five years and five months to December 2024, the following assumptions must hold true:

• The value of 8 RAGSTONE CLOSE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The May 2018 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RAGSTONE CLOSE has not materially changed since May 2018.

How Large is 8 RAGSTONE CLOSE?

8 RAGSTONE CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in November 2024. This puts it in the smallest 40% 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 8 RAGSTONE CLOSE lies on this distribution: 37% of detached houses houses are smaller than 8 RAGSTONE CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Walsall.

8 RAGSTONE CLOSE: Plot and Title Map

8 RAGSTONE CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 8 RAGSTONE 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 8 RAGSTONE 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 8 RAGSTONE CLOSE?

8 RAGSTONE CLOSE is located in WALSALL, in the WS2 postcode district. The below map shows the position of No. 8 on RAGSTONE CLOSE.