SMITHY COTTAGE, CREW GREEN, SHREWSBURY, SY5 9AT - £211,000

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

SMITHY COTTAGE is a small extended detached house of 112m², built sometime before 1900. It was last sold for £211,000 in September 2018, which was around 17% below the average September 2018 detached price in the Powys local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was D.

SMITHY COTTAGE Sold Prices

Land registry data shows two sales for SMITHY COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Powys local authority area for the corresponding sale date. One of the two SMITHY COTTAGE 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
2018 18 SEP	£211,000	£252,782	17% below HPI
2003 1 DEC	£195,000	£155,793	25% above HPI

SMITHY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Powys local authority area over time, sourced from the HPI. The two SMITHY COTTAGE sales from December 2003 and September 2018 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 December 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is SMITHY COTTAGE?

SMITHY COTTAGE is 112m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses in Crewgreen, based on EPC data. The below chart shows the distribution of detached houses by size in Crewgreen, and where SMITHY COTTAGE lies on this distribution: 33% of detached houses are smaller than SMITHY COTTAGE, and 65% of houses are larger. Note that EPC data is not available for all properties in Crewgreen.

SMITHY COTTAGE: Plot and Title Map

SMITHY COTTAGE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of SMITHY COTTAGE, 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 SMITHY COTTAGE). 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 SMITHY COTTAGE?

SMITHY COTTAGE is located in CREW GREEN, in the SY5 postcode district. The below map shows the position of SMITHY COTTAGE in CREW GREEN.