5, SMITHS WAY, ALCESTER, B49 6BL - £126,000

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

5 SMITHS WAY is a very small detached house of 47m², built sometime between 1967 and 1975, which could now be worth an estimated £210,676. It was last sold for £126,000 in September 2006, which was around 65% below the average September 2006 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

5 SMITHS WAY Sold Prices

Land registry data shows four sales for 5 SMITHS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. All of the four 5 SMITHS WAY 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
2006 8 SEP	£126,000	£360,972	65% below HPI
2002 22 NOV	£89,950	£275,016	67% below HPI
2000 24 NOV	£62,000	£208,761	70% below HPI
1996 4 OCT	£47,000	£127,986	63% below HPI

5 SMITHS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The four 5 SMITHS WAY sales between October 1996 and September 2006 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 November 2002 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the September 2006 sale, where it rises to 65% below the HPI. The line then continues to track at 65% below the HPI.

What might 5 SMITHS WAY be worth now?

5 SMITHS WAY might now be worth an estimated £210,676.

This is based on house price inflation of 67.2%, between September 2006 and February 2025, for detached houses, in the Stratford-on-Avon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.2% inflationary increase is applied to the most recent sale price for 5 SMITHS WAY of £126,000 on 8th September 2006. For the value to have increased from £126,000 to £210,676 over the nineteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 SMITHS WAY has moved in line with the HPI for detached houses in the Stratford-on-Avon local authority area.
• The September 2006 sale price of £126,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SMITHS WAY has not materially changed since September 2006.

How Large is 5 SMITHS WAY?

5 SMITHS WAY is 47m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses houses in Alcester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alcester, and where 5 SMITHS WAY lies on this distribution: 1% of detached houses houses are smaller than 5 SMITHS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Alcester.

5 SMITHS WAY: Plot and Title Map

5 SMITHS WAY sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 5 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 5 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 5 SMITHS WAY?

5 SMITHS WAY is located in ALCESTER, in the B49 postcode district. The below map shows the position of No. 5 on SMITHS WAY.