1 Lake Close

    1, LAKE CLOSE, WALSALL, WS5 3PB

    This detached freehold property on Lake Close last sold in January 2025 for £397,000. Based on price growth in the WS5 district since then, its estimated current value is £397,000 — placing it in the 67th percentile nationally and the 74th percentile within WS5. The property covers 119 m² (1,281 sq ft), giving an estimated value of £3,336 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,281 sq ft

    119 m²

    Last Sale Price

    £397,000

    Jan 2025

    Estimated Valuation

    £397,000

    Est. £/sq ft

    £310/sq ft

    £3,336/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,281 sq ft (119 m²)
    EPC dateOct 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jan 2025

    £397,000

    Key Metrics

    Estimated valuation£397,000
    Value per sq ft / m²£310/sq ft (£3,336/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WS5 district percentile74th percentile
    National percentile67th percentile

    District Context — WS5

    WS5 covers parts of the Wolverhampton area in the West Midlands, situated in the central-southern section of the region. It offers a mixed residential character with a strong community focus and relatively affordable property access compared to many UK postcodes.

    Average Property Price - WS5

    £307,822

    44

    National percentile

    Average Net Household Income - WS5

    £38,070

    49

    National percentile

    10-Year Annualised Price Growth - WS5

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - WS

    4.6%

    84

    National percentile

    View full analysis for WS5

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