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
128 BEECH WAY is a large extended detached house of 125m², built sometime between 1991 and 1995. It was last sold for £46,688 in May 2003, which was around 65% below the average May 2003 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 128 BEECH WAY since 1st 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. Two of the three 128 BEECH WAY sales were for below the average price, whilst one 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 |
---|---|---|---|
2003 13 MAY | £46,688 | £133,936 | 65% below HPI |
1999 23 APR | £75,000 | £73,098 | 3% above HPI |
1996 13 NOV | £52,000 | £70,747 | 26% below HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 128 BEECH WAY sales between November 1996 and May 2003 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 April 1999 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2003 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.
128 BEECH WAY is 125m², which includes one extension, according to the EPC inspection conducted in June 2014. 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 128 BEECH WAY lies on this distribution: 64% of detached houses are smaller than 128 BEECH WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Smethwick.
128 BEECH WAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 128 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 128 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.
128 BEECH WAY is located in SMETHWICK, in the B66 postcode district. The below map shows the position of No. 128 on BEECH WAY.