3, THE SMITHY, CHESTER ROAD, ROSSETT, WREXHAM, LL12 0DG - £255,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 THE SMITHY is a very small detached house of 64m², built sometime between 1991 and 1995. It was last sold for £255,000 in July 2022, which was around 12% below the average July 2022 detached price in the Wrexham local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

3 THE SMITHY Sold Prices

Land registry data shows two sales for 3 THE SMITHY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. Both of the two 3 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
2022 1 JUL	£255,000	£290,533	12% below HPI
2018 24 OCT	£208,500	£229,709	9% below HPI

3 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 two 3 THE SMITHY sales from October 2018 and July 2022 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 October 2018 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 THE SMITHY?

3 THE SMITHY is 64m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses in Rossett, based on EPC data. The below chart shows the distribution of detached houses by size in Rossett, and where 3 THE SMITHY lies on this distribution: 5% of detached houses are smaller than 3 THE SMITHY, and 95% of houses are larger. Note that EPC data is not available for all properties in Rossett.

3 THE SMITHY: Plot and Title Map

3 THE SMITHY sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 3 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 3 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 3 THE SMITHY?

3 THE SMITHY is located on CHESTER ROAD in ROSSETT, in the LL12 postcode district. The below map shows the position of 3 THE SMITHY on CHESTER ROAD.