51, BEECH WAY, SMETHWICK, B66 3RE - £139,000

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

51 BEECH WAY is a midsized detached house of 108m², built sometime between 2003 and 2006. It was last sold for £139,000 in November 2009, which was around 22% below the average November 2009 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

51 BEECH WAY Sold Prices

Land registry data shows two sales for 51 BEECH WAY 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. One of the two 51 BEECH WAY sales was for below the average price, whilst the other was roughly equal to 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
2009 25 NOV	£139,000	£178,179	22% below HPI
2002 2 SEP	£117,000	£116,869	Close to HPI

51 BEECH WAY 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 51 BEECH WAY sales from September 2002 and November 2009 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 September 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2009 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 51 BEECH WAY?

51 BEECH WAY is 108m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 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 51 BEECH WAY lies on this distribution: 47% of detached houses are smaller than 51 BEECH WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

51 BEECH WAY: Plot and Title Map

51 BEECH WAY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 51 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 51 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.

Where is 51 BEECH WAY?

51 BEECH WAY is located in SMETHWICK, in the B66 postcode district. The below map shows the position of No. 51 on BEECH WAY.