3, HANSON CLOSE, SMETHWICK, B66 2BY - £235,000

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.

3 HANSON CLOSE is a large terraced house of 140m², built sometime between 1996 and 2002, which could now be worth an estimated £411,123. It was last sold for £235,000 in July 2007, which was around 115% above the average July 2007 terraced price in the Sandwell local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

3 HANSON CLOSE Sold Prices

Land registry data shows two sales for 3 HANSON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Sandwell local authority area for the corresponding sale date. Both of the two 3 HANSON 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
2007 31 JUL	£235,000	£109,551	115% above HPI
2005 21 DEC	£230,950	£98,535	134% above HPI

3 HANSON CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sandwell local authority area over time, sourced from the HPI. The two 3 HANSON CLOSE sales from December 2005 and July 2007 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 134% above the HPI. So the extrapolation line tracks at 134% above the HPI over time, until the July 2007 sale, where it falls to 115% above the HPI. The line then continues to track at 115% above the HPI.

What might 3 HANSON CLOSE be worth now?

3 HANSON CLOSE might now be worth an estimated £411,123.

This is based on house price inflation of 74.9%, between July 2007 and July 2025, for terraced 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 74.9% inflationary increase is applied to the most recent sale price for 3 HANSON CLOSE of £235,000 on 31st July 2007. For the value to have increased from £235,000 to £411,123 over the eighteen years to July 2025, the following assumptions must hold true:

• The value of 3 HANSON CLOSE has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The July 2007 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HANSON CLOSE has not materially changed since July 2007.

How Large is 3 HANSON CLOSE?

3 HANSON CLOSE is 140m² according to the EPC inspection conducted in June 2015. This puts it in the largest 30% of terraced houses houses in Smethwick, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Smethwick, and where 3 HANSON CLOSE lies on this distribution: 72% of terraced houses houses are smaller than 3 HANSON CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

3 HANSON CLOSE: Plot and Title Map

3 HANSON CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 3 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 3 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 3 HANSON CLOSE?

3 HANSON CLOSE is located in SMETHWICK, in the B66 postcode district. The below map shows the position of No. 3 on HANSON CLOSE.