72, LONDONDERRY LANE, SMETHWICK, B67 7EY - £250,000

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

72 LONDONDERRY LANE is a very small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £250,000 in July 2023, which was around 25% below the average July 2023 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

72 LONDONDERRY LANE Sold Prices

Land registry data shows two sales for 72 LONDONDERRY LANE 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 72 LONDONDERRY LANE 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
2023 14 JUL	£250,000	£331,869	25% below HPI
2005 7 SEP	£138,000	£178,834	23% below HPI

72 LONDONDERRY LANE 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 72 LONDONDERRY LANE sales from September 2005 and July 2023 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 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 72 LONDONDERRY LANE?

72 LONDONDERRY LANE is 79m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Smethwick, based on EPC data. The below chart shows the distribution of detached houses by size in Smethwick, and where 72 LONDONDERRY LANE lies on this distribution: 12% of detached houses are smaller than 72 LONDONDERRY LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

72 LONDONDERRY LANE: Plot and Title Map

72 LONDONDERRY LANE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 72 LONDONDERRY LANE, 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 72 LONDONDERRY LANE). 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 72 LONDONDERRY LANE?

72 LONDONDERRY LANE is located in SMETHWICK, in the B67 postcode district. The below map shows the position of No. 72 on LONDONDERRY LANE.