SMITHY COTTAGE, LLANFAIR ROAD, RUTHIN, LL15 1BU - £112,500

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

SMITHY COTTAGE is a very small extended detached house of 59m², built sometime before 1900. It was last sold for £112,500 in May 2022, which was around 54% below the average May 2022 detached price in the Denbighshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was B.

SMITHY COTTAGE Sold Prices

Land registry data shows three sales for SMITHY COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Denbighshire local authority area for the corresponding sale date. All of the three SMITHY COTTAGE 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 6 MAY	£112,500	£246,648	54% below HPI
2018 26 OCT	£85,000	£195,775	57% below HPI
2005 20 DEC	£77,500	£168,828	54% below HPI

SMITHY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Denbighshire local authority area over time, sourced from the HPI. The three SMITHY COTTAGE sales between December 2005 and May 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 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the May 2022 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might SMITHY COTTAGE be worth now?

SMITHY COTTAGE might now be worth an estimated £114,207.

This is based on house price inflation of 1.5%, between May 2022 and December 2024, for detached houses, in the Denbighshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% inflationary increase is applied to the most recent sale price for SMITHY COTTAGE of £112,500 on 6th May 2022. For the value to have increased from £112,500 to £114,207 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of SMITHY COTTAGE has moved in line with the HPI for detached houses in the Denbighshire local authority area.
• The May 2022 sale price of £112,500 represented a fair market value for the property.
• The size, condition, and specification of SMITHY COTTAGE has not materially changed since May 2022.

How Large is SMITHY COTTAGE?

SMITHY COTTAGE is 59m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of detached houses houses in Ruthin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruthin, and where SMITHY COTTAGE lies on this distribution: 1% of detached houses houses are smaller than SMITHY COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ruthin.

SMITHY COTTAGE: Plot and Title Map

SMITHY COTTAGE sits on a plot of roughly 0.016 of an acre, or 66m². 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 on LLANFAIR ROAD in RUTHIN, in the LL15 postcode district. The below map shows the position of SMITHY COTTAGE on LLANFAIR ROAD.