118, BEECH WAY, SMETHWICK, B66 3RF - £160,000

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.

118 BEECH WAY is a large detached house of 122m², built sometime between 1991 and 1995, which could now be worth an estimated £294,747. It was last sold for £160,000 in July 2010, which was around 7% below the average July 2010 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2015, where the current energy rating was B, and the potential energy rating was B.

118 BEECH WAY Sold Prices

Land registry data shows two sales for 118 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 118 BEECH WAY sales was for below the average price, whilst the other was 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
2010 21 JUL	£160,000	£171,565	7% below HPI
2003 25 JUL	£169,000	£131,463	29% above HPI

118 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 118 BEECH WAY sales from July 2003 and July 2010 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 2003 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2010 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 118 BEECH WAY be worth now?

118 BEECH WAY might now be worth an estimated £294,747.

This is based on house price inflation of 84.2%, between July 2010 and February 2025, for 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 84.2% inflationary increase is applied to the most recent sale price for 118 BEECH WAY of £160,000 on 21st July 2010. For the value to have increased from £160,000 to £294,747 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of 118 BEECH WAY has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The July 2010 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 118 BEECH WAY has not materially changed since July 2010.

How Large is 118 BEECH WAY?

118 BEECH WAY is 122m² according to the EPC inspection conducted in September 2015. This puts it in the largest 40% of detached houses houses in Smethwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Smethwick, and where 118 BEECH WAY lies on this distribution: 61% of detached houses houses are smaller than 118 BEECH WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

118 BEECH WAY: Plot and Title Map

118 BEECH WAY sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 118 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 118 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 118 BEECH WAY?

118 BEECH WAY is located in SMETHWICK, in the B66 postcode district. The below map shows the position of No. 118 on BEECH WAY.