40, PEAR TREE LANE, WALSALL, WS8 7NF - £172,000

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

40 PEAR TREE LANE is a midsized detached house of 108m², built sometime between 1967 and 1975. It was last sold for £172,000 in April 2013, which was around 15% below the average April 2013 detached price in the Walsall local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

40 PEAR TREE LANE Sold Prices

Land registry data shows four sales for 40 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 40 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
2013 19 APR	£172,000	£201,361	15% below HPI
2007 20 JUL	£183,500	£221,395	17% below HPI
2006 3 NOV	£160,000	£218,512	27% below HPI
2000 28 JUL	£94,000	£100,675	7% below HPI

40 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 40 PEAR TREE LANE sales between July 2000 and April 2013 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 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2013 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 40 PEAR TREE LANE?

40 PEAR TREE LANE is 108m² according to the EPC inspection conducted in January 2010. This puts it in the largest 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 40 PEAR TREE LANE lies on this distribution: 51% of detached houses are smaller than 40 PEAR TREE LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Brownhills.

40 PEAR TREE LANE: Plot and Title Map

40 PEAR TREE LANE sits on a plot of roughly 0.170 of an acre, or 689m². The below map shows the location of 40 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 40 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 40 PEAR TREE LANE?

40 PEAR TREE LANE is located in WALSALL, in the WS8 postcode district. The below map shows the position of No. 40 on PEAR TREE LANE.