124, DEVONSHIRE ROAD, SMETHWICK, B67 7QH - £152,500

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.

124 DEVONSHIRE ROAD is a very small semi-detached house of 67m², built sometime between 1930 and 1949, which could now be worth an estimated £168,774. It was last sold for £152,500 in May 2022, which was around 22% below the average May 2022 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

124 DEVONSHIRE ROAD Sold Prices

Land registry data shows five sales for 124 DEVONSHIRE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. Most of the five 124 DEVONSHIRE 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 12 MAY	£152,500	£195,376	22% below HPI
2008 23 MAY	£140,000	£124,462	12% above HPI
2005 30 SEP	£85,000	£113,160	25% below HPI
1999 10 DEC	£19,000	£47,262	60% below HPI
1998 1 MAY	£21,000	£43,207	51% below HPI

124 DEVONSHIRE ROAD 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 five 124 DEVONSHIRE ROAD sales between May 1998 and May 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 May 2008 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 124 DEVONSHIRE ROAD be worth now?

124 DEVONSHIRE ROAD might now be worth an estimated £168,774.

This is based on house price inflation of 10.7%, between May 2022 and March 2025, 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 10.7% inflationary increase is applied to the most recent sale price for 124 DEVONSHIRE ROAD of £152,500 on 12th May 2022. For the value to have increased from £152,500 to £168,774 over the three years and two months to March 2025, the following assumptions must hold true:

• The value of 124 DEVONSHIRE ROAD has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The May 2022 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 124 DEVONSHIRE ROAD has not materially changed since May 2022.

How Large is 124 DEVONSHIRE ROAD?

124 DEVONSHIRE ROAD is 67m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% 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 124 DEVONSHIRE ROAD lies on this distribution: 5% of semi-detached houses houses are smaller than 124 DEVONSHIRE ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

124 DEVONSHIRE ROAD: Plot and Title Map

124 DEVONSHIRE ROAD sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 124 DEVONSHIRE 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 124 DEVONSHIRE 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 124 DEVONSHIRE ROAD?

124 DEVONSHIRE ROAD is located in SMETHWICK, in the B67 postcode district. The below map shows the position of No. 124 on DEVONSHIRE ROAD.