12, SUMMER LANE, WALSALL, WS4 1DS - £265,000

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.

12 SUMMER LANE is a midsized extended detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £326,346. It was last sold for £265,000 in July 2020, which was around 4% below the average July 2020 detached price in the Walsall local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

12 SUMMER LANE Sold Prices

Land registry data shows two sales for 12 SUMMER LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Both of the two 12 SUMMER 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 10 JUL	£265,000	£276,788	4% below HPI
2000 17 JUL	£95,000	£97,406	2% below HPI

12 SUMMER 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 two 12 SUMMER LANE sales from July 2000 and July 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 July 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 12 SUMMER LANE be worth now?

12 SUMMER LANE might now be worth an estimated £326,346.

This is based on house price inflation of 23.1%, between July 2020 and February 2025, for 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 23.1% inflationary increase is applied to the most recent sale price for 12 SUMMER LANE of £265,000 on 10th July 2020. For the value to have increased from £265,000 to £326,346 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 12 SUMMER LANE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The July 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SUMMER LANE has not materially changed since July 2020.

How Large is 12 SUMMER LANE?

12 SUMMER LANE is 107m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 50% of detached houses houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shelfield, and where 12 SUMMER LANE lies on this distribution: 53% of detached houses houses are smaller than 12 SUMMER LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

12 SUMMER LANE: Plot and Title Map

12 SUMMER LANE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 12 SUMMER 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 12 SUMMER 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 12 SUMMER LANE?

12 SUMMER LANE is located in WALSALL, in the WS4 postcode district. The below map shows the position of No. 12 on SUMMER LANE.