12, SMITHY LANE, BRIERLEY HILL, DY5 4TN - £220,000

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.

12 SMITHY LANE is a very small extended semi-detached house of 74m², built sometime between 1930 and 1949, which could now be worth an estimated £276,882. It was last sold for £220,000 in December 2020, which was around 19% above the average December 2020 semi-detached price in the Dudley local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

12 SMITHY LANE Sold Prices

Land registry data shows three sales for 12 SMITHY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Dudley local authority area for the corresponding sale date. One of the three 12 SMITHY LANE sales was for above the average price, whilst two 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
2020 14 DEC	£220,000	£184,937	19% above HPI
2016 19 OCT	£125,000	£148,584	16% below HPI
2011 11 NOV	£90,000	£122,874	27% below HPI

12 SMITHY LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dudley local authority area over time, sourced from the HPI. The three 12 SMITHY LANE sales between November 2011 and December 2020 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 October 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2020 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 12 SMITHY LANE be worth now?

12 SMITHY LANE might now be worth an estimated £276,882.

This is based on house price inflation of 25.9%, between December 2020 and February 2025, for semi-detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.9% inflationary increase is applied to the most recent sale price for 12 SMITHY LANE of £220,000 on 14th December 2020. For the value to have increased from £220,000 to £276,882 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 SMITHY LANE has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The December 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SMITHY LANE has not materially changed since December 2020.

How Large is 12 SMITHY LANE?

12 SMITHY LANE is 74m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of semi-detached houses houses in Kingswinford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Kingswinford, and where 12 SMITHY LANE lies on this distribution: 15% of semi-detached houses houses are smaller than 12 SMITHY LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Kingswinford.

12 SMITHY LANE: Plot and Title Map

12 SMITHY LANE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 12 SMITHY LANE, 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 12 SMITHY LANE). 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 12 SMITHY LANE?

12 SMITHY LANE is located in BRIERLEY HILL, in the DY5 postcode district. The below map shows the position of No. 12 on SMITHY LANE.