4, SMITH CLOSE, SMETHWICK, B67 6LU - £274,500

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.

4 SMITH CLOSE is a very small semi-detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £275,786. It was last sold for £274,500 in July 2024, which was around 27% above the average July 2024 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

4 SMITH CLOSE Sold Prices

Land registry data shows six sales for 4 SMITH CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. All of the six 4 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
2024 15 JUL	£274,500	£216,310	27% above HPI
2018 7 NOV	£184,500	£152,560	21% above HPI
2014 16 DEC	£147,000	£116,879	26% above HPI
2012 30 APR	£123,000	£108,215	14% above HPI
2000 18 FEB	£68,000	£48,140	41% above HPI
1998 27 MAR	£64,500	£43,067	50% above HPI

4 SMITH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sandwell local authority area over time, sourced from the HPI. The six 4 SMITH CLOSE sales between March 1998 and July 2024 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 2018 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2024 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 4 SMITH CLOSE be worth now?

4 SMITH CLOSE might now be worth an estimated £275,786.

This is based on house price inflation of 0.5%, between July 2024 and February 2025, for semi-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 0.5% inflationary increase is applied to the most recent sale price for 4 SMITH CLOSE of £274,500 on 15th July 2024. For the value to have increased from £274,500 to £275,786 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 4 SMITH CLOSE has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The July 2024 sale price of £274,500 represented a fair market value for the property.
• The size, condition, and specification of 4 SMITH CLOSE has not materially changed since July 2024.

How Large is 4 SMITH CLOSE?

4 SMITH CLOSE is 69m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of semi-detached houses houses in Smethwick, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Smethwick, and where 4 SMITH CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 4 SMITH CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

4 SMITH CLOSE: Plot and Title Map

4 SMITH CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 4 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 4 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 4 SMITH CLOSE?

4 SMITH CLOSE is located in SMETHWICK, in the B67 postcode district. The below map shows the position of No. 4 on SMITH CLOSE.