2, PINLEY GROVE, BIRMINGHAM, B43 7RB - £189,500

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.

2 PINLEY GROVE is a very small semi-detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £274,818. It was last sold for £189,500 in October 2017, which was around 20% above the average October 2017 semi-detached price in the Walsall local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

2 PINLEY GROVE Sold Prices

Land registry data shows four sales for 2 PINLEY GROVE 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 2 PINLEY GROVE 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
2017 24 OCT	£189,500	£157,772	20% above HPI
2015 13 FEB	£166,000	£130,455	27% above HPI
2004 30 JUL	£162,500	£114,044	42% above HPI
2003 12 MAR	£132,500	£86,534	53% above HPI

2 PINLEY GROVE 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 2 PINLEY GROVE sales between March 2003 and October 2017 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 February 2015 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2017 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 2 PINLEY GROVE be worth now?

2 PINLEY GROVE might now be worth an estimated £274,818.

This is based on house price inflation of 45%, between October 2017 and May 2026, 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 45% inflationary increase is applied to the most recent sale price for 2 PINLEY GROVE of £189,500 on 24th October 2017. For the value to have increased from £189,500 to £274,818 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of 2 PINLEY GROVE has moved in line with the HPI for semi-detached houses in the Walsall local authority area.
• The October 2017 sale price of £189,500 represented a fair market value for the property.
• The size, condition, and specification of 2 PINLEY GROVE has not materially changed since October 2017.

How Large is 2 PINLEY GROVE?

2 PINLEY GROVE is 78m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of semi-detached houses houses in Pheasey, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Pheasey, and where 2 PINLEY GROVE lies on this distribution: 16% of semi-detached houses houses are smaller than 2 PINLEY GROVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Pheasey.

2 PINLEY GROVE: Plot and Title Map

2 PINLEY GROVE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 2 PINLEY GROVE, 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 2 PINLEY GROVE). 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 2 PINLEY GROVE?

2 PINLEY GROVE is located in BIRMINGHAM, in the B43 postcode district. The below map shows the position of No. 2 on PINLEY GROVE.