18, SOMERSET ROAD, WEST BROMWICH, B71 1HA - £313,000

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.

18 SOMERSET ROAD is a large extended detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £416,001. It was last sold for £313,000 in October 2020, which was around 32% above the average October 2020 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

18 SOMERSET ROAD Sold Prices

Land registry data shows two sales for 18 SOMERSET ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 18 SOMERSET 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
2020 12 OCT	£313,000	£237,798	32% above HPI
2002 2 AUG	£128,950	£107,406	20% above HPI

18 SOMERSET ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 18 SOMERSET ROAD sales from August 2002 and October 2020 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 August 2002 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2020 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 18 SOMERSET ROAD be worth now?

18 SOMERSET ROAD might now be worth an estimated £416,001.

This is based on house price inflation of 32.9%, between October 2020 and February 2025, for detached 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 32.9% inflationary increase is applied to the most recent sale price for 18 SOMERSET ROAD of £313,000 on 12th October 2020. For the value to have increased from £313,000 to £416,001 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 18 SOMERSET ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The October 2020 sale price of £313,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SOMERSET ROAD has not materially changed since October 2020.

How Large is 18 SOMERSET ROAD?

18 SOMERSET ROAD is 125m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the largest 30% of detached houses houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Bromwich, and where 18 SOMERSET ROAD lies on this distribution: 71% of detached houses houses are smaller than 18 SOMERSET ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

18 SOMERSET ROAD: Plot and Title Map

18 SOMERSET ROAD sits on a plot of roughly 2.6 acres, or 10,387m². The below map shows the location of 18 SOMERSET 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 18 SOMERSET 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 18 SOMERSET ROAD?

18 SOMERSET ROAD is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 18 on SOMERSET ROAD.