MARGAN, BUSTLEHOLME AVENUE, WEST BROMWICH, B71 3BA - £220,000

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.

MARGAN is a very small semi-detached house of 75m², built sometime between 1930 and 1949, which could now be worth an estimated £343,008. It was last sold for £220,000 in March 2018, which was around 54% above the average March 2018 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

MARGAN Sold Prices

Land registry data shows three sales for MARGAN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. All of the three MARGAN 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
2018 2 MAR	£220,000	£143,314	54% above HPI
2012 21 SEP	£160,000	£109,788	46% above HPI
1998 19 JUN	£66,000	£44,047	50% above HPI

MARGAN Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sandwell local authority area over time, sourced from the HPI. The three MARGAN sales between June 1998 and March 2018 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 September 2012 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the March 2018 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might MARGAN be worth now?

MARGAN might now be worth an estimated £343,008.

This is based on house price inflation of 55.9%, between March 2018 and June 2025, for semi-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 55.9% inflationary increase is applied to the most recent sale price for MARGAN of £220,000 on 2nd March 2018. For the value to have increased from £220,000 to £343,008 over the six years and nine months to June 2025, the following assumptions must hold true:

• The value of MARGAN has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The March 2018 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of MARGAN has not materially changed since March 2018.

How Large is MARGAN?

MARGAN is 75m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of semi-detached houses houses in West Bromwich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in West Bromwich, and where MARGAN lies on this distribution: 9% of semi-detached houses houses are smaller than MARGAN, and 91% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

MARGAN: Plot and Title Map

MARGAN sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of MARGAN, 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 MARGAN). 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 MARGAN?

MARGAN is located on BUSTLEHOLME AVENUE in WEST BROMWICH, in the B71 postcode district. The below map shows the position of MARGAN on BUSTLEHOLME AVENUE.