7, SMITHS WAY, LATCHBROOK, SALTASH, PL12 4TP - £246,000

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

7 SMITHS WAY is a small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £246,000 in June 2010, which was around 11% below the average June 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

7 SMITHS WAY Sold Prices

Land registry data shows two sales for 7 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 7 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
2010 25 JUN	£246,000	£277,907	11% below HPI
1997 17 JAN	£101,000	£76,629	32% above HPI

7 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 7 SMITHS WAY sales from January 1997 and June 2010 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 1997 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2010 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 7 SMITHS WAY?

7 SMITHS WAY is 98m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 40% of detached houses in Saltash, based on EPC data. The below chart shows the distribution of detached houses by size in Saltash, and where 7 SMITHS WAY lies on this distribution: 39% of detached houses are smaller than 7 SMITHS WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Saltash.

7 SMITHS WAY: Plot and Title Map

7 SMITHS WAY sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 7 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 7 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 7 SMITHS WAY?

7 SMITHS WAY is located in LATCHBROOK, in the PL12 postcode district. The below map shows the position of No. 7 on SMITHS WAY.