40, SMITHS WAY, ALCESTER, B49 6BL - £135,000

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.

40 SMITHS WAY is a very small terraced house of 46m², built sometime between 1983 and 1990, which could now be worth an estimated £207,607. It was last sold for £135,000 in August 2013, which was around 29% below the average August 2013 terraced price in the Stratford-on-Avon local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was A.

40 SMITHS WAY Sold Prices

Land registry data shows five sales for 40 SMITHS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Stratford-on-Avon local authority area for the corresponding sale date. All of the five 40 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
2013 23 AUG	£135,000	£189,880	29% below HPI
2007 5 JAN	£124,000	£182,905	32% below HPI
2001 23 MAY	£69,950	£95,259	27% below HPI
1998 6 MAY	£50,500	£71,577	29% below HPI
1996 11 OCT	£43,500	£57,946	25% below HPI

40 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 five 40 SMITHS WAY sales between October 1996 and August 2013 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 January 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2013 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 40 SMITHS WAY be worth now?

40 SMITHS WAY might now be worth an estimated £207,607.

This is based on house price inflation of 53.8%, between August 2013 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 53.8% inflationary increase is applied to the most recent sale price for 40 SMITHS WAY of £135,000 on 23rd August 2013. For the value to have increased from £135,000 to £207,607 over the thirteen years and four months to April 2026, the following assumptions must hold true:

• The value of 40 SMITHS WAY has moved in line with the HPI for terraced houses in the Stratford-on-Avon local authority area.
• The August 2013 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SMITHS WAY has not materially changed since August 2013.

How Large is 40 SMITHS WAY?

40 SMITHS WAY is 46m² according to the EPC inspection conducted in March 2013. 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 40 SMITHS WAY lies on this distribution: 1% of terraced houses houses are smaller than 40 SMITHS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Alcester.

40 SMITHS WAY: Plot and Title Map

40 SMITHS WAY sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 40 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 40 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 40 SMITHS WAY?

40 SMITHS WAY is located in ALCESTER, in the B49 postcode district. The below map shows the position of No. 40 on SMITHS WAY.