38, PEAR TREE LANE, WALSALL, WS8 7NF - £177,000

38 PEAR TREE LANE is a large detached house of 119m², built sometime between 1967 and 1975. It was last sold for £177,000 in January 2015, which was around 18% below the average January 2015 detached price in the Walsall local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

38 PEAR TREE LANE Sold Prices

Land registry data shows three sales for 38 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 Walsall local authority area for the corresponding sale date. Two of the three 38 PEAR TREE LANE sales were for below the average price, whilst one was 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
2015 30 JAN	£177,000	£216,305	18% below HPI
2004 17 DEC	£220,000	£200,509	10% above HPI
1996 13 DEC	£73,000	£81,317	10% below HPI

38 PEAR TREE LANE 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 three 38 PEAR TREE LANE sales between December 1996 and January 2015 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 December 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 38 PEAR TREE LANE?

38 PEAR TREE LANE is 119m² according to the EPC inspection conducted in November 2014. This puts it in the largest 40% of detached houses in Brownhills, based on EPC data. The below chart shows the distribution of detached houses by size in Brownhills, and where 38 PEAR TREE LANE lies on this distribution: 65% of detached houses are smaller than 38 PEAR TREE LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Brownhills.

38 PEAR TREE LANE: Plot and Title Map

38 PEAR TREE LANE sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of 38 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 38 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 38 PEAR TREE LANE?

38 PEAR TREE LANE is located in WALSALL, in the WS8 postcode district. The below map shows the position of No. 38 on PEAR TREE LANE.