2, SMITHY CLOSE, SAUGHALL, CHESTER, CH1 6ED - £185,000

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.

2 SMITHY CLOSE is a very small terraced house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £196,280. It was last sold for £185,000 in August 2022, which was around 1% below the average August 2022 terraced price in the Cheshire West and Chester local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

2 SMITHY CLOSE Sold Prices

Land registry data shows two sales for 2 SMITHY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cheshire West and Chester local authority area for the corresponding sale date. One of the two 2 SMITHY CLOSE sales was for below the average price, whilst the other was for above 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 9 AUG	£185,000	£187,461	1% below HPI
2009 21 DEC	£134,000	£124,868	7% above HPI

2 SMITHY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The two 2 SMITHY CLOSE sales from December 2009 and August 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 December 2009 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2022 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 2 SMITHY CLOSE be worth now?

2 SMITHY CLOSE might now be worth an estimated £196,280.

This is based on house price inflation of 6.1%, between August 2022 and June 2025, for terraced houses, in the Cheshire West and Chester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.1% inflationary increase is applied to the most recent sale price for 2 SMITHY CLOSE of £185,000 on 9th August 2022. For the value to have increased from £185,000 to £196,280 over the three years and two months to June 2025, the following assumptions must hold true:

• The value of 2 SMITHY CLOSE has moved in line with the HPI for terraced houses in the Cheshire West and Chester local authority area.
• The August 2022 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SMITHY CLOSE has not materially changed since August 2022.

How Large is 2 SMITHY CLOSE?

2 SMITHY CLOSE is 68m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of terraced houses houses in Saughall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Saughall, and where 2 SMITHY CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 2 SMITHY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Saughall.

2 SMITHY CLOSE: Plot and Title Map

2 SMITHY CLOSE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 2 SMITHY CLOSE, 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 2 SMITHY CLOSE). 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 2 SMITHY CLOSE?

2 SMITHY CLOSE is located in SAUGHALL, in the CH1 postcode district. The below map shows the position of No. 2 on SMITHY CLOSE.