112, FLORENCE ROAD, SMETHWICK, B66 4QR - £350,000

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

112 FLORENCE ROAD is a very large detached house of 226m², built sometime between 2003 and 2006. It was last sold for £350,000 in November 2022, which was around 5% above the average November 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

112 FLORENCE ROAD Sold Prices

Land registry data shows three sales for 112 FLORENCE ROAD 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 112 FLORENCE ROAD 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
2022 25 NOV	£350,000	£331,873	5% above HPI
2005 12 DEC	£300,000	£181,494	65% above HPI
2004 10 SEP	£248,000	£172,292	44% above HPI

112 FLORENCE ROAD 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 112 FLORENCE ROAD sales between September 2004 and November 2022 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 December 2005 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the November 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 112 FLORENCE ROAD?

112 FLORENCE ROAD is 226m² according to the EPC inspection conducted in September 2022. This puts it in the largest 10% of detached houses in Smethwick, based on EPC data. The below chart shows the distribution of detached houses by size in Smethwick, and where 112 FLORENCE ROAD lies on this distribution: 95% of detached houses are smaller than 112 FLORENCE ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

112 FLORENCE ROAD: Plot and Title Map

112 FLORENCE ROAD sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 112 FLORENCE 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 112 FLORENCE 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 112 FLORENCE ROAD?

112 FLORENCE ROAD is located in SMETHWICK, in the B66 postcode district. The below map shows the position of No. 112 on FLORENCE ROAD.