27, WOOD COMMON GRANGE, PELSALL, WALSALL, WS3 5EZ - £222,500

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.

27 WOOD COMMON GRANGE is a very small detached house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £291,672. It was last sold for £222,500 in August 2019, which was around 14% below the average August 2019 detached price in the Walsall local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

27 WOOD COMMON GRANGE Sold Prices

Land registry data shows two sales for 27 WOOD COMMON GRANGE 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 27 WOOD COMMON GRANGE 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
2019 16 AUG	£222,500	£260,025	14% below HPI
2017 15 MAY	£180,000	£239,155	25% below HPI

27 WOOD COMMON GRANGE 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 27 WOOD COMMON GRANGE sales from May 2017 and August 2019 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 May 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 27 WOOD COMMON GRANGE be worth now?

27 WOOD COMMON GRANGE might now be worth an estimated £291,672.

This is based on house price inflation of 31.1%, between August 2019 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 31.1% inflationary increase is applied to the most recent sale price for 27 WOOD COMMON GRANGE of £222,500 on 16th August 2019. For the value to have increased from £222,500 to £291,672 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 27 WOOD COMMON GRANGE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The August 2019 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 27 WOOD COMMON GRANGE has not materially changed since August 2019.

How Large is 27 WOOD COMMON GRANGE?

27 WOOD COMMON GRANGE is 62m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses houses in Pelsall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pelsall, and where 27 WOOD COMMON GRANGE lies on this distribution: 2% of detached houses houses are smaller than 27 WOOD COMMON GRANGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Pelsall.

27 WOOD COMMON GRANGE: Plot and Title Map

27 WOOD COMMON GRANGE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 27 WOOD COMMON GRANGE, 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 27 WOOD COMMON GRANGE). 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 27 WOOD COMMON GRANGE?

27 WOOD COMMON GRANGE is located in PELSALL, in the WS3 postcode district. The below map shows the position of No. 27 on WOOD COMMON GRANGE.