31, THOMAS STREET, SMETHWICK, B66 3RA - £60,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

31 THOMAS STREET is a large detached house of 143m², built sometime between 1983 and 1990. It was last sold for £60,000 in August 2000, which was around 30% below the average August 2000 detached price in the Sandwell local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

31 THOMAS STREET Sold Prices

Land registry data shows two sales for 31 THOMAS STREET 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. Both of the two 31 THOMAS STREET sales 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
2000 4 AUG	£60,000	£85,444	30% below HPI
1996 13 NOV	£50,000	£70,747	29% below HPI

31 THOMAS STREET 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 31 THOMAS STREET sales from November 1996 and August 2000 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 November 1996 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2000 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 31 THOMAS STREET?

31 THOMAS STREET is 143m² according to the EPC inspection conducted in August 2014. This puts it in the largest 30% of detached houses in Smethwick, based on EPC data. The below chart shows the distribution of detached houses by size in Smethwick, and where 31 THOMAS STREET lies on this distribution: 77% of detached houses are smaller than 31 THOMAS STREET, and 23% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

31 THOMAS STREET: Plot and Title Map

31 THOMAS STREET sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 31 THOMAS STREET, 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 31 THOMAS STREET). 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 31 THOMAS STREET?

31 THOMAS STREET is located in SMETHWICK, in the B66 postcode district. The below map shows the position of No. 31 on THOMAS STREET.