48, PARGETER ROAD, SMETHWICK, B67 5HY - £163,500

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.

48 PARGETER ROAD is a small extended terraced house of 95m², built sometime between 1900 and 1929, which could now be worth an estimated £326,675. It was last sold for £163,500 in September 2014, which was around 66% above the average September 2014 terraced price in the Sandwell local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

48 PARGETER ROAD Sold Prices

Land registry data shows four sales for 48 PARGETER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. All of the four 48 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 19 SEP	£163,500	£98,692	66% above HPI
2006 21 JUL	£144,000	£101,054	42% above HPI
2004 19 JUL	£133,000	£88,522	50% above HPI
1998 9 OCT	£51,000	£36,439	40% above HPI

48 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 four 48 PARGETER ROAD sales between October 1998 and September 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 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the September 2014 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 48 PARGETER ROAD be worth now?

48 PARGETER ROAD might now be worth an estimated £326,675.

This is based on house price inflation of 99.8%, between September 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 99.8% inflationary increase is applied to the most recent sale price for 48 PARGETER ROAD of £163,500 on 19th September 2014. For the value to have increased from £163,500 to £326,675 over the twelve years and five months to April 2026, the following assumptions must hold true:

• The value of 48 PARGETER ROAD has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The September 2014 sale price of £163,500 represented a fair market value for the property.
• The size, condition, and specification of 48 PARGETER ROAD has not materially changed since September 2014.

How Large is 48 PARGETER ROAD?

48 PARGETER ROAD is 95m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% 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 48 PARGETER ROAD lies on this distribution: 28% of terraced houses houses are smaller than 48 PARGETER ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

48 PARGETER ROAD: Plot and Title Map

48 PARGETER ROAD sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 48 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 48 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 48 PARGETER ROAD?

48 PARGETER ROAD is located in SMETHWICK, in the B67 postcode district. The below map shows the position of No. 48 on PARGETER ROAD.