5, MALVERN CLOSE, WEST BROMWICH, B71 1PP - £180,000

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

5 MALVERN CLOSE is a very small detached house of 50m², built sometime between 1967 and 1975, which could now be worth an estimated £333,601. It was last sold for £180,000 in August 2014, which was around 5% above the average August 2014 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was D.

5 MALVERN CLOSE Sold Prices

Land registry data shows three sales for 5 MALVERN CLOSE 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. One of the three 5 MALVERN CLOSE sales was for above the average price, whilst two 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
2014 22 AUG	£180,000	£171,016	5% above HPI
2004 19 MAR	£136,000	£146,633	7% below HPI
1997 10 JAN	£39,000	£65,575	41% below HPI

5 MALVERN 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 three 5 MALVERN CLOSE sales between January 1997 and August 2014 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 March 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2014 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 5 MALVERN CLOSE be worth now?

5 MALVERN CLOSE might now be worth an estimated £333,601.

This is based on house price inflation of 85.3%, between August 2014 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 85.3% inflationary increase is applied to the most recent sale price for 5 MALVERN CLOSE of £180,000 on 22nd August 2014. For the value to have increased from £180,000 to £333,601 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 5 MALVERN CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The August 2014 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MALVERN CLOSE has not materially changed since August 2014.

How Large is 5 MALVERN CLOSE?

5 MALVERN CLOSE is 50m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% 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 5 MALVERN CLOSE lies on this distribution: 1% of detached houses houses are smaller than 5 MALVERN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

5 MALVERN CLOSE: Plot and Title Map

5 MALVERN CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 5 MALVERN 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 5 MALVERN 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 5 MALVERN CLOSE?

5 MALVERN CLOSE is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 5 on MALVERN CLOSE.