121, PARGETER ROAD, SMETHWICK, B67 5HZ - £207,500

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.

121 PARGETER ROAD is a very small terraced house of 69m², built sometime between 1900 and 1929, which could now be worth an estimated £229,080. It was last sold for £207,500 in December 2022, which was around 16% above the average December 2022 terraced price in the Sandwell local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

121 PARGETER ROAD Sold Prices

Land registry data shows three sales for 121 PARGETER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. All of the three 121 PARGETER ROAD 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
2022 20 DEC	£207,500	£178,612	16% above HPI
2014 16 DEC	£119,000	£100,213	19% above HPI
2003 24 MAR	£93,500	£63,149	48% above HPI

121 PARGETER ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sandwell local authority area over time, sourced from the HPI. The three 121 PARGETER ROAD sales between March 2003 and December 2022 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 December 2014 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2022 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 121 PARGETER ROAD be worth now?

121 PARGETER ROAD might now be worth an estimated £229,080.

This is based on house price inflation of 10.4%, between December 2022 and April 2026, for terraced houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.4% inflationary increase is applied to the most recent sale price for 121 PARGETER ROAD of £207,500 on 20th December 2022. For the value to have increased from £207,500 to £229,080 over the four years and eight months to April 2026, the following assumptions must hold true:

• The value of 121 PARGETER ROAD has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The December 2022 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 121 PARGETER ROAD has not materially changed since December 2022.

How Large is 121 PARGETER ROAD?

121 PARGETER ROAD is 69m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of terraced houses houses in Smethwick, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Smethwick, and where 121 PARGETER ROAD lies on this distribution: 6% of terraced houses houses are smaller than 121 PARGETER ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

121 PARGETER ROAD: Plot and Title Map

121 PARGETER ROAD sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 121 PARGETER ROAD, 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 121 PARGETER ROAD). 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 121 PARGETER ROAD?

121 PARGETER ROAD is located in SMETHWICK, in the B67 postcode district. The below map shows the position of No. 121 on PARGETER ROAD.