14, SMITHS WAY, ALCESTER, B49 6BL - £175,000

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.

14 SMITHS WAY is a very small extended terraced house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £217,849. It was last sold for £175,000 in November 2018, which was around 25% below the average November 2018 terraced price in the Stratford-on-Avon local authority area. The most recent EPC inspection was April 2010, where the current energy rating was G, and the potential energy rating was D.

14 SMITHS WAY Sold Prices

Land registry data shows four sales for 14 SMITHS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Stratford-on-Avon local authority area for the corresponding sale date. All of the four 14 SMITHS WAY 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
2018 16 NOV	£175,000	£234,569	25% below HPI
2016 5 AUG	£152,500	£217,650	30% below HPI
2005 22 APR	£126,000	£160,321	21% below HPI
1999 30 JUN	£59,000	£76,215	23% below HPI

14 SMITHS WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The four 14 SMITHS WAY sales between June 1999 and November 2018 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 August 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 14 SMITHS WAY be worth now?

14 SMITHS WAY might now be worth an estimated £217,849.

This is based on house price inflation of 24.5%, between November 2018 and April 2026, for terraced houses, in the Stratford-on-Avon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.5% inflationary increase is applied to the most recent sale price for 14 SMITHS WAY of £175,000 on 16th November 2018. For the value to have increased from £175,000 to £217,849 over the eight years and seven months to April 2026, the following assumptions must hold true:

• The value of 14 SMITHS WAY has moved in line with the HPI for terraced houses in the Stratford-on-Avon local authority area.
• The November 2018 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SMITHS WAY has not materially changed since November 2018.

How Large is 14 SMITHS WAY?

14 SMITHS WAY is 54m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of terraced houses houses in Alcester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Alcester, and where 14 SMITHS WAY lies on this distribution: 2% of terraced houses houses are smaller than 14 SMITHS WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Alcester.

14 SMITHS WAY: Plot and Title Map

14 SMITHS WAY sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 14 SMITHS 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 14 SMITHS 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 14 SMITHS WAY?

14 SMITHS WAY is located in ALCESTER, in the B49 postcode district. The below map shows the position of No. 14 on SMITHS WAY.