78, FLORENCE ROAD, SMETHWICK, B66 4QS - £85,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

78 FLORENCE ROAD is a small semi-detached house of 92m², built sometime between 1996 and 2002. It was last sold for £85,000 in December 2022, which was around 74% below the average December 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

78 FLORENCE ROAD Sold Prices

Land registry data shows three sales for 78 FLORENCE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the three 78 FLORENCE ROAD 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
2022 7 DEC	£85,000	£331,678	74% below HPI
2007 6 JUL	£169,000	£195,965	14% below HPI
1998 16 DEC	£67,475	£74,331	9% below HPI

78 FLORENCE ROAD 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 three 78 FLORENCE ROAD sales between December 1998 and December 2022 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 July 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2022 sale, where it falls to 74% below the HPI. The line then continues to track at 74% below the HPI.

How Large is 78 FLORENCE ROAD?

78 FLORENCE ROAD is 92m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 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 78 FLORENCE ROAD lies on this distribution: 27% of detached houses are smaller than 78 FLORENCE ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

78 FLORENCE ROAD: Plot and Title Map

78 FLORENCE ROAD sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 78 FLORENCE ROAD, 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 78 FLORENCE ROAD). 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 78 FLORENCE ROAD?

78 FLORENCE ROAD is located in SMETHWICK, in the B66 postcode district. The below map shows the position of No. 78 on FLORENCE ROAD.