5, CHANGE ROAD, WEST BROMWICH, B70 9BW - £165,000

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.

5 CHANGE ROAD is a very small terraced house of 65m², which could now be worth an estimated £209,163. It was last sold for £165,000 in May 2021, which was around 12% above the average May 2021 terraced price in the Sandwell local authority area. The most recent EPC inspection was August 2020, where the current energy rating was B, and the potential energy rating was A.

5 CHANGE ROAD Sold Prices

Land registry data shows two sales for 5 CHANGE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. Both of the two 5 CHANGE 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
2021 17 MAY	£165,000	£147,557	12% above HPI
2015 30 OCT	£135,995	£106,089	28% above HPI

5 CHANGE 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 two 5 CHANGE ROAD sales from October 2015 and May 2021 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 October 2015 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the May 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 5 CHANGE ROAD be worth now?

5 CHANGE ROAD might now be worth an estimated £209,163.

This is based on house price inflation of 26.8%, between May 2021 and June 2025, 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 26.8% inflationary increase is applied to the most recent sale price for 5 CHANGE ROAD of £165,000 on 17th May 2021. For the value to have increased from £165,000 to £209,163 over the three years and eleven months to June 2025, the following assumptions must hold true:

• The value of 5 CHANGE ROAD has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The May 2021 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHANGE ROAD has not materially changed since May 2021.

How Large is 5 CHANGE ROAD?

5 CHANGE ROAD is 65m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of terraced houses houses in West Bromwich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in West Bromwich, and where 5 CHANGE ROAD lies on this distribution: 4% of terraced houses houses are smaller than 5 CHANGE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

5 CHANGE ROAD: Plot and Title Map

5 CHANGE ROAD sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 5 CHANGE 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 5 CHANGE 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 5 CHANGE ROAD?

5 CHANGE ROAD is located in WEST BROMWICH, in the B70 postcode district. The below map shows the position of No. 5 on CHANGE ROAD.