2, DEVON ROAD, SMETHWICK, B67 5EJ - £235,000

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

2 DEVON ROAD is a midsized extended detached house of 111m², built sometime between 1930 and 1949. It was last sold for £235,000 in August 2006, which was around 27% above the average August 2006 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

2 DEVON ROAD Sold Prices

Land registry data shows four sales for 2 DEVON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the four 2 DEVON 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
2006 31 AUG	£235,000	£185,189	27% above HPI
2002 29 AUG	£188,600	£113,975	65% above HPI
2000 18 AUG	£177,000	£85,444	107% above HPI
1995 19 MAY	£95,000	£64,763	47% above HPI

2 DEVON 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 four 2 DEVON ROAD sales between May 1995 and August 2006 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 August 2002 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the August 2006 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 2 DEVON ROAD?

2 DEVON ROAD is 111m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 50% of detached houses in Smethwick, based on EPC data. The below chart shows the distribution of detached houses by size in Smethwick, and where 2 DEVON ROAD lies on this distribution: 50% of detached houses are smaller than 2 DEVON ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

2 DEVON ROAD: Plot and Title Map

2 DEVON ROAD sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 2 DEVON 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 2 DEVON 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 2 DEVON ROAD?

2 DEVON ROAD is located in SMETHWICK, in the B67 postcode district. The below map shows the position of No. 2 on DEVON ROAD.