24, MONMOUTH DRIVE, WEST BROMWICH, B71 2SU - £94,250

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

24 MONMOUTH DRIVE is a small extended detached house of 85m², built sometime between 2007 and 2011. It was last sold for £94,250 in January 2009, which was around 46% below the average January 2009 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

24 MONMOUTH DRIVE Sold Prices

Land registry data shows two sales for 24 MONMOUTH DRIVE 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 24 MONMOUTH DRIVE 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
2009 30 JAN	£94,250	£173,383	46% below HPI
2006 8 MAY	£139,500	£180,927	23% below HPI

24 MONMOUTH DRIVE 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 24 MONMOUTH DRIVE sales from May 2006 and January 2009 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 May 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2009 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 24 MONMOUTH DRIVE?

24 MONMOUTH DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 24 MONMOUTH DRIVE lies on this distribution: 22% of detached houses are smaller than 24 MONMOUTH DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

24 MONMOUTH DRIVE: Plot and Title Map

24 MONMOUTH DRIVE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 24 MONMOUTH DRIVE, 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 24 MONMOUTH DRIVE). 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 24 MONMOUTH DRIVE?

24 MONMOUTH DRIVE is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 24 on MONMOUTH DRIVE.