40, MACKMILLAN ROAD, ROWLEY REGIS, B65 8AR - £163,500

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.

40 MACKMILLAN ROAD is a small semi-detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £225,966. It was last sold for £163,500 in September 2019, which was around 4% above the average September 2019 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

40 MACKMILLAN ROAD Sold Prices

Land registry data shows two sales for 40 MACKMILLAN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. One of the two 40 MACKMILLAN ROAD sales was for above the average price, whilst the other 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
2019 6 SEP	£163,500	£157,246	4% above HPI
2002 19 APR	£50,000	£61,508	19% below HPI

40 MACKMILLAN ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 40 MACKMILLAN ROAD sales from April 2002 and September 2019 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 April 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2019 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 40 MACKMILLAN ROAD be worth now?

40 MACKMILLAN ROAD might now be worth an estimated £225,966.

This is based on house price inflation of 38.2%, between September 2019 and February 2025, for semi-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 38.2% inflationary increase is applied to the most recent sale price for 40 MACKMILLAN ROAD of £163,500 on 6th September 2019. For the value to have increased from £163,500 to £225,966 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 40 MACKMILLAN ROAD has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The September 2019 sale price of £163,500 represented a fair market value for the property.
• The size, condition, and specification of 40 MACKMILLAN ROAD has not materially changed since September 2019.

How Large is 40 MACKMILLAN ROAD?

40 MACKMILLAN ROAD is 90m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of semi-detached houses houses in Blackheath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Blackheath, and where 40 MACKMILLAN ROAD lies on this distribution: 35% of semi-detached houses houses are smaller than 40 MACKMILLAN ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Blackheath.

40 MACKMILLAN ROAD: Plot and Title Map

40 MACKMILLAN ROAD sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 40 MACKMILLAN ROAD, 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 40 MACKMILLAN ROAD). 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 40 MACKMILLAN ROAD?

40 MACKMILLAN ROAD is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 40 on MACKMILLAN ROAD.