38, HALL LANE, PELSALL, WALSALL, WS3 4JN - £315,000

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 HALL LANE is a very large extended detached house of 158m², built sometime between 1950 and 1966, which could now be worth an estimated £405,068. It was last sold for £315,000 in February 2019, which was around 19% above the average February 2019 detached price in the Walsall local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

38 HALL LANE Sold Prices

Land registry data shows five sales for 38 HALL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the five 38 HALL LANE sales were 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
2019 1 FEB	£315,000	£265,071	19% above HPI
2018 27 JUL	£320,000	£258,625	24% above HPI
2003 15 AUG	£244,950	£158,440	55% above HPI
2001 16 AUG	£179,000	£109,784	63% above HPI
2000 23 MAY	£154,950	£95,687	62% above HPI

38 HALL 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 five 38 HALL LANE sales between May 2000 and February 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 July 2018 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2019 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 38 HALL LANE be worth now?

38 HALL LANE might now be worth an estimated £405,068.

This is based on house price inflation of 28.6%, between February 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 28.6% inflationary increase is applied to the most recent sale price for 38 HALL LANE of £315,000 on 1st February 2019. For the value to have increased from £315,000 to £405,068 over the six years to February 2025, the following assumptions must hold true:

• The value of 38 HALL LANE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The February 2019 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 38 HALL LANE has not materially changed since February 2019.

How Large is 38 HALL LANE?

38 HALL LANE is 158m², which includes three extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 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 38 HALL LANE lies on this distribution: 92% of detached houses houses are smaller than 38 HALL LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Pelsall.

38 HALL LANE: Plot and Title Map

38 HALL LANE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 38 HALL 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 HALL 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 HALL LANE?

38 HALL LANE is located in PELSALL, in the WS3 postcode district. The below map shows the position of No. 38 on HALL LANE.