15, HANSON CLOSE, SMETHWICK, B66 2BY - £122,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 HANSON CLOSE is a very small detached house of 59m², built sometime between 1996 and 2002. It was last sold for £122,000 in January 2008, which was around 39% below the average January 2008 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

15 HANSON CLOSE Sold Prices

Land registry data shows two sales for 15 HANSON CLOSE 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 15 HANSON CLOSE sales were for below 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
2008 10 JAN	£122,000	£201,190	39% below HPI
2005 23 DEC	£117,600	£181,494	35% below HPI

15 HANSON CLOSE 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 15 HANSON CLOSE sales from December 2005 and January 2008 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 December 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2008 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 15 HANSON CLOSE?

15 HANSON CLOSE is 59m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Smethwick, based on EPC data. The below chart shows the distribution of detached houses by size in Smethwick, and where 15 HANSON CLOSE lies on this distribution: 2% of detached houses are smaller than 15 HANSON CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

15 HANSON CLOSE: Plot and Title Map

15 HANSON CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 15 HANSON CLOSE, 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 15 HANSON CLOSE). 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 15 HANSON CLOSE?

15 HANSON CLOSE is located in SMETHWICK, in the B66 postcode district. The below map shows the position of No. 15 on HANSON CLOSE.