14, SMITHS WAY, LATCHBROOK, SALTASH, PL12 4TP - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 SMITHS WAY is a large detached house of 131m², built sometime between 1996 and 2002. It was last sold for £245,000 in December 2009, which was around 8% below the average December 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

14 SMITHS WAY Sold Prices

Land registry data shows two sales for 14 SMITHS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. One of the two 14 SMITHS WAY 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
2009 22 DEC	£245,000	£266,202	8% below HPI
1997 9 MAY	£107,950	£77,551	39% above HPI

14 SMITHS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 14 SMITHS WAY sales from May 1997 and December 2009 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 1997 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the December 2009 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 14 SMITHS WAY?

14 SMITHS WAY is 131m² according to the EPC inspection conducted in October 2009. This puts it in the largest 30% of detached houses in Saltash, based on EPC data. The below chart shows the distribution of detached houses by size in Saltash, and where 14 SMITHS WAY lies on this distribution: 76% of detached houses are smaller than 14 SMITHS WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Saltash.

14 SMITHS WAY: Plot and Title Map

14 SMITHS WAY sits on a plot of roughly 10.9 acres, or 44,113m². 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 LATCHBROOK, in the PL12 postcode district. The below map shows the position of No. 14 on SMITHS WAY.