18, SMITHS WAY, ALCESTER, B49 6BL - £173,000

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.

18 SMITHS WAY is a very small terraced house of 46m², built sometime between 1996 and 2002, which could now be worth an estimated £210,255. It was last sold for £173,000 in October 2020, which was around 28% below the average October 2020 terraced price in the Stratford-on-Avon local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

18 SMITHS WAY Sold Prices

Land registry data shows three sales for 18 SMITHS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Stratford-on-Avon local authority area for the corresponding sale date. All of the three 18 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
2020 15 OCT	£173,000	£240,263	28% below HPI
2005 15 JUL	£128,500	£167,874	23% below HPI
1999 19 NOV	£66,500	£81,468	18% below HPI

18 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 three 18 SMITHS WAY sales between November 1999 and October 2020 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 July 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 18 SMITHS WAY be worth now?

18 SMITHS WAY might now be worth an estimated £210,255.

This is based on house price inflation of 21.5%, between October 2020 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 21.5% inflationary increase is applied to the most recent sale price for 18 SMITHS WAY of £173,000 on 15th October 2020. For the value to have increased from £173,000 to £210,255 over the six years and six months to April 2026, the following assumptions must hold true:

• The value of 18 SMITHS WAY has moved in line with the HPI for terraced houses in the Stratford-on-Avon local authority area.
• The October 2020 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SMITHS WAY has not materially changed since October 2020.

How Large is 18 SMITHS WAY?

18 SMITHS WAY is 46m² according to the EPC inspection conducted in October 2019. 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 18 SMITHS WAY lies on this distribution: 1% of terraced houses houses are smaller than 18 SMITHS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Alcester.

18 SMITHS WAY: Plot and Title Map

18 SMITHS WAY sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 18 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 18 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 18 SMITHS WAY?

18 SMITHS WAY is located in ALCESTER, in the B49 postcode district. The below map shows the position of No. 18 on SMITHS WAY.