26, SMITH CLOSE, SMETHWICK, B67 6LU - £230,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

26 SMITH CLOSE is a small detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £364,308. It was last sold for £230,500 in August 2016, which was around 15% above the average August 2016 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

26 SMITH CLOSE Sold Prices

Land registry data shows four sales for 26 SMITH CLOSE 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 26 SMITH CLOSE 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
2016 3 AUG	£230,500	£199,968	15% above HPI
2009 21 OCT	£175,000	£165,859	6% above HPI
2000 23 JUN	£106,000	£76,677	38% above HPI
1998 18 SEP	£95,950	£70,450	36% above HPI

26 SMITH CLOSE 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 26 SMITH CLOSE sales between September 1998 and August 2016 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 2009 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2016 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 26 SMITH CLOSE be worth now?

26 SMITH CLOSE might now be worth an estimated £364,308.

This is based on house price inflation of 58.1%, between August 2016 and February 2025, for detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.1% inflationary increase is applied to the most recent sale price for 26 SMITH CLOSE of £230,500 on 3rd August 2016. For the value to have increased from £230,500 to £364,308 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 26 SMITH CLOSE has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The August 2016 sale price of £230,500 represented a fair market value for the property.
• The size, condition, and specification of 26 SMITH CLOSE has not materially changed since August 2016.

How Large is 26 SMITH CLOSE?

26 SMITH CLOSE is 100m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses houses in Smethwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Smethwick, and where 26 SMITH CLOSE lies on this distribution: 39% of detached houses houses are smaller than 26 SMITH CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

26 SMITH CLOSE: Plot and Title Map

26 SMITH CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 26 SMITH CLOSE, 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 26 SMITH CLOSE). 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 26 SMITH CLOSE?

26 SMITH CLOSE is located in SMETHWICK, in the B67 postcode district. The below map shows the position of No. 26 on SMITH CLOSE.