15, MARTYN SMITH CLOSE, GREAT BARR, BIRMINGHAM, B43 6JG - £390,000

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.

15 MARTYN SMITH CLOSE is a very large detached house of 153m², which could now be worth an estimated £742,545. It was last sold for £390,000 in June 2011, which was around 135% above the average June 2011 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was B.

15 MARTYN SMITH CLOSE Sold Prices

Land registry data shows two sales for 15 MARTYN SMITH 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 MARTYN SMITH CLOSE 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
2011 23 JUN	£390,000	£165,997	135% above HPI
2004 17 DEC	£379,950	£165,122	130% above HPI

15 MARTYN SMITH 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 MARTYN SMITH CLOSE sales from December 2004 and June 2011 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 2004 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the June 2011 sale, where it rises to 135% above the HPI. The line then continues to track at 135% above the HPI.

What might 15 MARTYN SMITH CLOSE be worth now?

15 MARTYN SMITH CLOSE might now be worth an estimated £742,545.

This is based on house price inflation of 90.4%, between June 2011 and February 2025, for 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 90.4% inflationary increase is applied to the most recent sale price for 15 MARTYN SMITH CLOSE of £390,000 on 23rd June 2011. For the value to have increased from £390,000 to £742,545 over the fourteen years and four months to February 2025, the following assumptions must hold true:

• The value of 15 MARTYN SMITH CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The June 2011 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MARTYN SMITH CLOSE has not materially changed since June 2011.

How Large is 15 MARTYN SMITH CLOSE?

15 MARTYN SMITH CLOSE is 153m² according to the EPC inspection conducted in April 2010. This puts it in the largest 20% of detached houses houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Bromwich, and where 15 MARTYN SMITH CLOSE lies on this distribution: 88% of detached houses houses are smaller than 15 MARTYN SMITH CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

15 MARTYN SMITH CLOSE: Plot and Title Map

15 MARTYN SMITH CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 15 MARTYN SMITH 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 MARTYN SMITH 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 MARTYN SMITH CLOSE?

15 MARTYN SMITH CLOSE is located in GREAT BARR, in the B43 postcode district. The below map shows the position of No. 15 on MARTYN SMITH CLOSE.