31, PEAR TREE LANE, WALSALL, WS8 7NF - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

31 PEAR TREE LANE is a midsized detached house of 103m², built sometime between 1950 and 1966. It was last sold for £290,000 in October 2023, which was around 18% below the average October 2023 detached price in the Walsall local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

31 PEAR TREE LANE Sold Prices

Land registry data shows four sales for 31 PEAR TREE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the four 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
2023 20 OCT	£290,000	£353,460	18% below HPI
2021 30 SEP	£280,000	£308,735	9% below HPI
2018 11 MAY	£230,000	£263,026	13% below HPI
2012 10 FEB	£115,000	£195,075	41% below HPI

31 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 four 31 PEAR TREE LANE sales between February 2012 and October 2023 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 September 2021 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 31 PEAR TREE LANE?

31 PEAR TREE LANE is 103m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 50% of detached houses in Brownhills, based on EPC data. The below chart shows the distribution of detached houses by size in Brownhills, and where 31 PEAR TREE LANE lies on this distribution: 46% of detached houses are smaller than 31 PEAR TREE LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Brownhills.

31 PEAR TREE LANE: Plot and Title Map

31 PEAR TREE LANE sits on a plot of roughly 0.129 of an acre, or 522m². 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 WALSALL, in the WS8 postcode district. The below map shows the position of No. 31 on PEAR TREE LANE.