15, MONKSFIELD AVENUE, GREAT BARR, BIRMINGHAM, B43 6AP - £375,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 MONKSFIELD AVENUE is a very large extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £375,000 in July 2018, which was around 66% above the average July 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2021, where the current energy rating was E, and the potential energy rating was C.

15 MONKSFIELD AVENUE Sold Prices

Land registry data shows three sales for 15 MONKSFIELD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Two of the three 15 MONKSFIELD AVENUE sales were for above the average price, whilst one was 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
2018 13 JUL	£375,000	£226,114	66% above HPI
2005 10 AUG	£288,000	£168,996	70% above HPI
1999 30 JUL	£30,000	£71,215	58% below HPI

15 MONKSFIELD AVENUE 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 three 15 MONKSFIELD AVENUE sales between July 1999 and July 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 August 2005 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the July 2018 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 15 MONKSFIELD AVENUE be worth now?

15 MONKSFIELD AVENUE might now be worth an estimated £525,649.

This is based on house price inflation of 40.2%, between July 2018 and December 2024, 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 40.2% inflationary increase is applied to the most recent sale price for 15 MONKSFIELD AVENUE of £375,000 on 13th July 2018. For the value to have increased from £375,000 to £525,649 over the five years and seven months to December 2024, the following assumptions must hold true:

• The value of 15 MONKSFIELD AVENUE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The July 2018 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MONKSFIELD AVENUE has not materially changed since July 2018.

How Large is 15 MONKSFIELD AVENUE?

15 MONKSFIELD AVENUE is 142m², which includes four extensions, according to the EPC inspection conducted in January 2021. 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 MONKSFIELD AVENUE lies on this distribution: 83% of detached houses houses are smaller than 15 MONKSFIELD AVENUE, and 17% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

15 MONKSFIELD AVENUE: Plot and Title Map

15 MONKSFIELD AVENUE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 15 MONKSFIELD AVENUE, 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 MONKSFIELD AVENUE). 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 MONKSFIELD AVENUE?

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