38, PLANETREE ROAD, WALSALL, WS5 4EJ - £125,000

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.

38 PLANETREE ROAD is a small extended terraced house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £174,388. It was last sold for £125,000 in September 2020, which was around 7% below the average September 2020 terraced price in the Sandwell local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

38 PLANETREE ROAD Sold Prices

Land registry data shows two sales for 38 PLANETREE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. One of the two 38 PLANETREE ROAD sales was for below the average price, whilst the other 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
2020 11 SEP	£125,000	£134,077	7% below HPI
2003 11 NOV	£91,000	£72,731	25% above HPI

38 PLANETREE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sandwell local authority area over time, sourced from the HPI. The two 38 PLANETREE ROAD sales from November 2003 and September 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 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2020 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 38 PLANETREE ROAD be worth now?

38 PLANETREE ROAD might now be worth an estimated £174,388.

This is based on house price inflation of 39.5%, between September 2020 and June 2025, for terraced houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.5% inflationary increase is applied to the most recent sale price for 38 PLANETREE ROAD of £125,000 on 11th September 2020. For the value to have increased from £125,000 to £174,388 over the five years and three months to June 2025, the following assumptions must hold true:

• The value of 38 PLANETREE ROAD has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The September 2020 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 38 PLANETREE ROAD has not materially changed since September 2020.

How Large is 38 PLANETREE ROAD?

38 PLANETREE ROAD is 94m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 40% of terraced houses houses in West Bromwich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in West Bromwich, and where 38 PLANETREE ROAD lies on this distribution: 34% of terraced houses houses are smaller than 38 PLANETREE ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

38 PLANETREE ROAD: Plot and Title Map

38 PLANETREE ROAD sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 38 PLANETREE ROAD, 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 PLANETREE ROAD). 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 PLANETREE ROAD?

38 PLANETREE ROAD is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 38 on PLANETREE ROAD.