THE BUNGALOW, CARDEN CLOSE, WEST BROMWICH, B70 0BA - £120,000

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

THE BUNGALOW is a very small detached house of 61m², built sometime between 1900 and 1929. It was last sold for £120,000 in January 2023, which was around 63% below the average January 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was December 2014, where the current energy rating was F, and the potential energy rating was C.

THE BUNGALOW Sold Prices

Land registry data shows five sales for THE BUNGALOW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the five THE BUNGALOW 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
2023 26 JAN	£120,000	£328,065	63% below HPI
2022 16 JUN	£98,500	£311,964	68% below HPI
2022 18 MAR	£99,995	£308,318	68% below HPI
2007 12 FEB	£100,000	£192,582	48% below HPI
2006 3 JUL	£64,500	£183,238	65% below HPI

THE BUNGALOW 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 five THE BUNGALOW sales between July 2006 and January 2023 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 June 2022 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the January 2023 sale, where it rises to 63% below the HPI. The line then continues to track at 63% below the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 61m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% 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 THE BUNGALOW lies on this distribution: 3% of detached houses are smaller than THE BUNGALOW, and 97% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on CARDEN CLOSE in WEST BROMWICH, in the B70 postcode district. The below map shows the position of THE BUNGALOW on CARDEN CLOSE.