40, THOMAS STREET, SMETHWICK, B66 3RA - £140,000

40 THOMAS STREET is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £140,000 in July 2010, which was around 23% below the average July 2010 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

40 THOMAS STREET Sold Prices

Land registry data shows three sales for 40 THOMAS STREET 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 40 THOMAS STREET 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
2010 24 JUL	£140,000	£182,058	23% below HPI
2003 22 APR	£52,500	£131,213	60% below HPI
1996 13 NOV	£40,000	£70,747	43% below HPI

40 THOMAS STREET 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 40 THOMAS STREET sales between November 1996 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 April 2003 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the July 2010 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 40 THOMAS STREET?

40 THOMAS STREET is 70m² according to the EPC inspection conducted in July 2023. 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 40 THOMAS STREET lies on this distribution: 7% of detached houses are smaller than 40 THOMAS STREET, and 93% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

40 THOMAS STREET: Plot and Title Map

40 THOMAS STREET sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of 40 THOMAS STREET, 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 40 THOMAS STREET). 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 40 THOMAS STREET?

40 THOMAS STREET is located in SMETHWICK, in the B66 postcode district. The below map shows the position of No. 40 on THOMAS STREET.