31, PEAR TREE LANE, WOLVERHAMPTON, WV11 1BD - £122,000

31 PEAR TREE LANE is a very small detached house of 67m², built sometime between 1900 and 1929. It was last sold for £122,000 in October 2020, which was around 54% below the average October 2020 detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

31 PEAR TREE LANE Sold Prices

Land registry data shows three sales for 31 PEAR TREE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 31 PEAR TREE LANE sales were for below 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
2020 30 OCT	£122,000	£262,930	54% below HPI
2010 8 NOV	£113,500	£187,596	39% below HPI
2006 17 NOV	£108,000	£200,871	46% below HPI

31 PEAR TREE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 31 PEAR TREE LANE sales between November 2006 and October 2020 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2020 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 31 PEAR TREE LANE?

31 PEAR TREE LANE is 67m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 31 PEAR TREE LANE lies on this distribution: 7% of detached houses are smaller than 31 PEAR TREE LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

31 PEAR TREE LANE: Plot and Title Map

31 PEAR TREE LANE sits on a plot of roughly 0.020 of an acre, or 82m². The below map shows the location of 31 PEAR TREE LANE, 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 31 PEAR TREE LANE). 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 31 PEAR TREE LANE?

31 PEAR TREE LANE is located in WOLVERHAMPTON, in the WV11 postcode district. The below map shows the position of No. 31 on PEAR TREE LANE.