24, PARGETER ROAD, SMETHWICK, B67 5HY - £170,000

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.

24 PARGETER ROAD is a midsized terraced house of 111m², built sometime between 1900 and 1929, which could now be worth an estimated £343,424. It was last sold for £170,000 in July 2014, which was around 74% above the average July 2014 terraced price in the Sandwell local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

24 PARGETER ROAD Sold Prices

Land registry data shows three sales for 24 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 24 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
2014 9 JUL	£170,000	£97,611	74% above HPI
2006 21 JUL	£162,000	£101,054	60% above HPI
1997 27 JUN	£44,000	£35,257	25% above HPI

24 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 24 PARGETER ROAD sales between June 1997 and July 2014 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 2006 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the July 2014 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might 24 PARGETER ROAD be worth now?

24 PARGETER ROAD might now be worth an estimated £343,424.

This is based on house price inflation of 102%, between July 2014 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 102% inflationary increase is applied to the most recent sale price for 24 PARGETER ROAD of £170,000 on 9th July 2014. For the value to have increased from £170,000 to £343,424 over the twelve years and three months to April 2026, the following assumptions must hold true:

• The value of 24 PARGETER ROAD has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The July 2014 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PARGETER ROAD has not materially changed since July 2014.

How Large is 24 PARGETER ROAD?

24 PARGETER ROAD is 111m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% 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 24 PARGETER ROAD lies on this distribution: 49% of terraced houses houses are smaller than 24 PARGETER ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

24 PARGETER ROAD: Plot and Title Map

24 PARGETER ROAD sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 24 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 24 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 24 PARGETER ROAD?

24 PARGETER ROAD is located in SMETHWICK, in the B67 postcode district. The below map shows the position of No. 24 on PARGETER ROAD.