172, MILCOTE ROAD, SMETHWICK, B67 5BP - £125,000

172 MILCOTE ROAD is a very small extended detached house of 68m², built sometime between 1900 and 1929. It was last sold for £125,000 in March 2006, which was around 31% below the average March 2006 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

172 MILCOTE ROAD Sold Prices

Land registry data shows three sales for 172 MILCOTE 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 172 MILCOTE 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
2006 24 MAR	£125,000	£181,068	31% below HPI
1998 30 APR	£54,000	£72,194	25% below HPI
1996 20 SEP	£45,000	£69,042	35% below HPI

172 MILCOTE 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 172 MILCOTE ROAD sales between September 1996 and March 2006 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 April 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2006 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 172 MILCOTE ROAD?

172 MILCOTE ROAD is 68m², which includes two extensions, according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% of detached houses in Smethwick, based on EPC data. The below chart shows the distribution of detached houses by size in Smethwick, and where 172 MILCOTE ROAD lies on this distribution: 6% of detached houses are smaller than 172 MILCOTE ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

172 MILCOTE ROAD: Plot and Title Map

172 MILCOTE ROAD sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 172 MILCOTE 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 172 MILCOTE 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 172 MILCOTE ROAD?

172 MILCOTE ROAD is located in SMETHWICK, in the B67 postcode district. The below map shows the position of No. 172 on MILCOTE ROAD.