1, SMALL CLOSE, SMETHWICK, B67 7RE - £149,995

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.

1 SMALL CLOSE is a midsized detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £323,298. It was last sold for £149,995 in March 2004, which was around 2% above the average March 2004 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

1 SMALL CLOSE Sold Prices

Land registry data shows three sales for 1 SMALL 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. All of the three 1 SMALL 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
2004 26 MAR	£149,995	£146,633	2% above HPI
2003 13 MAY	£140,000	£126,217	11% above HPI
1997 19 NOV	£98,950	£66,350	49% above HPI

1 SMALL 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 1 SMALL CLOSE sales between November 1997 and March 2004 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 2003 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2004 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 1 SMALL CLOSE be worth now?

1 SMALL CLOSE might now be worth an estimated £323,298.

This is based on house price inflation of 115.5%, between March 2004 and February 2025, 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 115.5% inflationary increase is applied to the most recent sale price for 1 SMALL CLOSE of £149,995 on 26th March 2004. For the value to have increased from £149,995 to £323,298 over the 21 years and one month to February 2025, the following assumptions must hold true:

• The value of 1 SMALL CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The March 2004 sale price of £149,995 represented a fair market value for the property.
• The size, condition, and specification of 1 SMALL CLOSE has not materially changed since March 2004.

How Large is 1 SMALL CLOSE?

1 SMALL CLOSE is 112m² according to the EPC inspection conducted in July 2017. This puts it in the largest 50% of detached houses houses in Smethwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Smethwick, and where 1 SMALL CLOSE lies on this distribution: 51% of detached houses houses are smaller than 1 SMALL CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

1 SMALL CLOSE: Plot and Title Map

1 SMALL CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 1 SMALL 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 1 SMALL 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 1 SMALL CLOSE?

1 SMALL CLOSE is located in SMETHWICK, in the B67 postcode district. The below map shows the position of No. 1 on SMALL CLOSE.