118, BEECH WAY, SMETHWICK, B66 3RF - £160,000

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

118 BEECH WAY is a large detached house of 122m², built sometime between 1991 and 1995. It was last sold for £160,000 in July 2010, which was around 12% below the average July 2010 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2015, where the current energy rating was B, and the potential energy rating was B.

118 BEECH WAY Sold Prices

Land registry data shows two sales for 118 BEECH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. One of the two 118 BEECH WAY sales was for below the average price, whilst the other was 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
2010 21 JUL	£160,000	£182,058	12% below HPI
2003 25 JUL	£169,000	£139,504	21% above HPI

118 BEECH WAY 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 two 118 BEECH WAY sales from July 2003 and July 2010 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 July 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2010 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 118 BEECH WAY?

118 BEECH WAY is 122m² according to the EPC inspection conducted in September 2015. This puts it in the largest 40% of detached houses in Smethwick, based on EPC data. The below chart shows the distribution of detached houses by size in Smethwick, and where 118 BEECH WAY lies on this distribution: 61% of detached houses are smaller than 118 BEECH WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

118 BEECH WAY: Plot and Title Map

118 BEECH WAY sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 118 BEECH WAY, 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 118 BEECH WAY). 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 118 BEECH WAY?

118 BEECH WAY is located in SMETHWICK, in the B66 postcode district. The below map shows the position of No. 118 on BEECH WAY.