2, THE SMITHY, CHESTER ROAD, ROSSETT, WREXHAM, LL12 0DG - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 THE SMITHY is a very small extended detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £301,486. It was last sold for £225,000 in July 2020, which was around 2% below the average July 2020 detached price in the Wrexham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

2 THE SMITHY Sold Prices

Land registry data shows three sales for 2 THE SMITHY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. All of the three 2 THE SMITHY 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 3 JUL	£225,000	£229,871	2% below HPI
2018 17 JAN	£189,950	£224,332	15% below HPI
2013 20 MAY	£183,000	£193,050	5% below HPI

2 THE SMITHY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wrexham local authority area over time, sourced from the HPI. The three 2 THE SMITHY sales between May 2013 and July 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 January 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 THE SMITHY be worth now?

2 THE SMITHY might now be worth an estimated £301,486.

This is based on house price inflation of 34%, between July 2020 and December 2024, for detached houses, in the Wrexham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34% inflationary increase is applied to the most recent sale price for 2 THE SMITHY of £225,000 on 3rd July 2020. For the value to have increased from £225,000 to £301,486 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 THE SMITHY has moved in line with the HPI for detached houses in the Wrexham local authority area.
• The July 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE SMITHY has not materially changed since July 2020.

How Large is 2 THE SMITHY?

2 THE SMITHY is 63m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses houses in Rossett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rossett, and where 2 THE SMITHY lies on this distribution: 3% of detached houses houses are smaller than 2 THE SMITHY, and 97% of houses are larger. Note that EPC data is not available for all properties in Rossett.

2 THE SMITHY: Plot and Title Map

2 THE SMITHY sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 2 THE SMITHY, 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 THE SMITHY). 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 THE SMITHY?

2 THE SMITHY is located on CHESTER ROAD in ROSSETT, in the LL12 postcode district. The below map shows the position of 2 THE SMITHY on CHESTER ROAD.