2, SMITHY COTTAGES, SMITHY BANK, ALTON, STOKE-ON-TRENT, ST10 4AE - £95,000

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 COTTAGES is a very small semi-detached house of 48m², built sometime before 1900, which could now be worth an estimated £120,603. It was last sold for £95,000 in May 2020, which was around 44% below the average May 2020 semi-detached price in the Staffordshire Moorlands local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was B.

2 SMITHY COTTAGES Sold Prices

Land registry data shows two sales for 2 SMITHY COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Staffordshire Moorlands local authority area for the corresponding sale date. Both of the two 2 SMITHY COTTAGES 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 22 MAY	£95,000	£170,058	44% below HPI
2000 13 JUL	£42,000	£52,363	20% below HPI

2 SMITHY COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Staffordshire Moorlands local authority area over time, sourced from the HPI. The two 2 SMITHY COTTAGES sales from July 2000 and May 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 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2020 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 2 SMITHY COTTAGES be worth now?

2 SMITHY COTTAGES might now be worth an estimated £120,603.

This is based on house price inflation of 27%, between May 2020 and February 2025, for semi-detached houses, in the Staffordshire Moorlands local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27% inflationary increase is applied to the most recent sale price for 2 SMITHY COTTAGES of £95,000 on 22nd May 2020. For the value to have increased from £95,000 to £120,603 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 2 SMITHY COTTAGES has moved in line with the HPI for semi-detached houses in the Staffordshire Moorlands local authority area.
• The May 2020 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SMITHY COTTAGES has not materially changed since May 2020.

How Large is 2 SMITHY COTTAGES?

2 SMITHY COTTAGES is 48m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of semi-detached houses houses in Alton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Alton, and where 2 SMITHY COTTAGES lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 2 SMITHY COTTAGES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Alton.

2 SMITHY COTTAGES: Plot and Title Map

2 SMITHY COTTAGES sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 2 SMITHY COTTAGES, 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 COTTAGES). 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 COTTAGES?

2 SMITHY COTTAGES is located on SMITHY BANK in ALTON, in the ST10 postcode district. The below map shows the position of 2 SMITHY COTTAGES on SMITHY BANK.