1, THE SMITHY, BIRMINGHAM, B26 3TX - £105,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

1 THE SMITHY is a small detached house of 100m², built sometime between 1976 and 1982. It was last sold for £105,000 in June 1999, which was around 3% below the average June 1999 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

1 THE SMITHY Sold Prices

Land registry data shows two sales for 1 THE SMITHY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 1 THE SMITHY 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
1999 30 JUN	£105,000	£108,733	3% below HPI
1995 31 MAR	£76,000	£88,791	14% below HPI

1 THE SMITHY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 1 THE SMITHY sales from March 1995 and June 1999 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 1995 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 1999 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 1 THE SMITHY?

1 THE SMITHY is 100m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 1 THE SMITHY lies on this distribution: 33% of detached houses are smaller than 1 THE SMITHY, and 66% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

1 THE SMITHY: Plot and Title Map

1 THE SMITHY sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 1 THE SMITHY, 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 THE SMITHY). 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 THE SMITHY?

1 THE SMITHY is located in BIRMINGHAM, in the B26 postcode district. The below map shows the position of No. 1 on THE SMITHY.