SMITHY COTTAGE, BEECH MOUNT, WADDINGTON, CLITHEROE, BB7 3HS - £345,000

SMITHY COTTAGE is a midsized extended detached house of 116m², built sometime before 1900. It was last sold for £345,000 in January 2014, which was around 19% above the average January 2014 detached price in the Ribble Valley local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.

SMITHY COTTAGE Sold Prices

Land registry data shows two sales for SMITHY COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. Both of the two SMITHY COTTAGE sales were 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
2014 31 JAN	£345,000	£289,342	19% above HPI
2001 11 MAY	£180,000	£138,192	30% above HPI

SMITHY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The two SMITHY COTTAGE sales from May 2001 and January 2014 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 May 2001 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the January 2014 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is SMITHY COTTAGE?

SMITHY COTTAGE is 116m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 50% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where SMITHY COTTAGE lies on this distribution: 47% of detached houses are smaller than SMITHY COTTAGE, and 51% of houses are larger. Note that EPC data is not available for all properties in Waddington.

SMITHY COTTAGE: Plot and Title Map

SMITHY COTTAGE sits on a plot of roughly 0.210 of an acre, or 852m². The below map shows the location of SMITHY COTTAGE, 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 SMITHY COTTAGE). 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 SMITHY COTTAGE?

SMITHY COTTAGE is located on BEECH MOUNT in WADDINGTON, in the BB7 postcode district. The below map shows the position of SMITHY COTTAGE on BEECH MOUNT.