12, EVERED CLOSE, SMETHWICK, B66 2EU - £285,000

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.

12 EVERED CLOSE is a midsized semi-detached house of 119m², built in 2018, which could now be worth an estimated £349,615. It was last sold for £285,000 in February 2022, which was around 49% above the average February 2022 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was A.

12 EVERED CLOSE Sold Prices

Land registry data shows two sales for 12 EVERED CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 12 EVERED 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
2022 8 FEB	£285,000	£191,068	49% above HPI
2019 10 JUN	£279,995	£151,377	85% above HPI

12 EVERED 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 two 12 EVERED CLOSE sales from June 2019 and February 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 June 2019 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the February 2022 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 12 EVERED CLOSE be worth now?

12 EVERED CLOSE might now be worth an estimated £349,615.

This is based on house price inflation of 22.7%, between February 2022 and April 2026, 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 22.7% inflationary increase is applied to the most recent sale price for 12 EVERED CLOSE of £285,000 on 8th February 2022. For the value to have increased from £285,000 to £349,615 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 12 EVERED CLOSE has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The February 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 12 EVERED CLOSE has not materially changed since February 2022.

How Large is 12 EVERED CLOSE?

12 EVERED CLOSE is 119m² according to the EPC inspection conducted in August 2018. This puts it in the largest 50% 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 12 EVERED CLOSE lies on this distribution: 57% of semi-detached houses houses are smaller than 12 EVERED CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

12 EVERED CLOSE: Plot and Title Map

12 EVERED CLOSE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 12 EVERED 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 12 EVERED 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 12 EVERED CLOSE?

12 EVERED CLOSE is located in SMETHWICK, in the B66 postcode district. The below map shows the position of No. 12 on EVERED CLOSE.